Posted on April 27, 2021 / 736Listing ID: 256580GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $249,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 858-633-3013

Local approval for a Distribution opportunity in the city of Long Beach. The license is allowed for both Medical and Recreational (Adult-Use) for the city of Long Beach. New owner will have to continue the buildout and licensing process in order to be operational.

Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing, $13.20 per Square Foot under Cultivation &  8% of Gross Receipts for Retail.

Details:

  • Space: 3,648 SqFt
  • Rent: $5,472/ Month
  • Lease: 5 YR

License: Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution. A Type 11 licensee shall not hold a license in a cultivation, manufacturing, dispensing, or testing license category and shall not own, or have an ownership interest in, a facility licensed in those categories other than a security interest, lien, or encumbrance on property that is used by a licensee. A Type 11 licensee shall be bonded and insured at a minimum level established by the licensing authority.

Asking Price: $249,000.00 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Yesenia Jimenez, DRE LIC CA# 02073168

If you have any questions Call Yesenia at (858) 633-3013 

Or Email : asm@glbgroupinc.com

Operational Cannabis Retail, Cultivation, Delivery, Manufacturing & Distribution Business For Sale (Van Nuys, CA)
Great opportunity for a potential California leading, vertically-integrated Cannabis Business that could make a great addition to any Multi State Operator’s Southern California footprint!
Call Drew Mathews at (619) 653-0483 for more info.
DRE CA LIC# 02091143
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