Cannabis & Hemp Insurance


Price : 938,000
Listing Type : Investment Opportunities
Status : ACTIVE
Price for Rent : 5000
Size : 1800
Lot Size (Acres) : 4356
APN : 7118-013-013
Cannabis or Hemp Use? : Cannabis
Medical or Recreational : Both
Year Built : 1956

3 LEASE / PURCHASE OPTIONS DETAILED BELOW

This is an opportunity to purchase an entitled cannabis manufacturing license, eligible for both medical and recreational use. Distribution license for medical and recreational use is in progress. All the architectural renderings are conditionally approved and ready to start construction. You can start the build out immediately and be operational right away. Upon completion and final inspection of entitled build out a certification of occupancy will be issued. This license is approved for type 6 (Non-Volatile) Manufacturing (e.g. Oil Extraction, Commercial Kitchen, Edibles, etc.), however it can be easily amended to type 7 (Volatile) Cannabis License. Also packaging, re-packaging, labeling and re-labeling cannabis products Type 13 Distribution license approval is pending. Recently, the City of Long Beach passed an ordinance allowing for adult use manufacturing requiring a conditional use of permit (CUP) for any new applicants, however because the building already has an application submitted and approved for medical manufacturing , it is exempt from the CUP requirement which will save the end user approximately 8-10 months of application time, and this application can be converted to adult use by applying for the designation through the City of Long Beach.

PROPERTY HIGHLIGHTS:
* Purchase property along with approved manufacturing cannabis license and pending distribution license (medical and recreational)
* Copies of Approved Plans and Licenses are available upon request
* Start the build out right away and save 8-10 months (NO CUP Required)
* Approved for type 6 (e.g. Oil Extraction, Commercial Kitchen, Edibles, etc.) and can easily be amended to type 7
* MMJ Green Zone in Long Beach
* Property can be equipped with kitchen for producing infusing edibles and topicals
* Property has alley access and large side yard allowing for drive in loading and uploading
* This property also qualifies for testing lab license
* City of Long Beach recently lowered the city’s tax rate from 6% to 1% for all Cannabis type businesses
* No power upgrade is needed
* Potential owner(s) will have access to a team of project managers and attorneys with extensive experience in managing and compliance in cannabis industry. Serious buyers can be put on a conference call with the team to answer any questions

 

FLEXIBLE SELLER – 3 OPTIONS AVAILABLE:

OPTIONS#1
$299,000- Licenses
Manufacturing licenses and pending distribution license type 13 (medical and recreational)
Lease back property at $5000 per month.

 

OPTION #2
$12,000 Lease
Includes the property, Distribution, Manufacturing Licenses/permits approved and paid for. Permits include adult use and allow to sell to dispensaries. Architect drawings approved by city ready to start the built out.

 

OPTIONS #3
$938,000
Purchase property along with approved manufacturing licenses and pending distribution license type 13 (medical and recreational)
Approved for type 6 and can be amended to type 7
Approved architectural renderings
Ready for construction
Start the build out right away and save 8-10 months (NO CUP Required)

Contact Listing Owner
Cannabis & Hemp Banking

Leave a Reply

Related Listings