212Listing ID: 242351GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $600,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (858) 245-6324

Rare opportunity to acquire a Manufacturing Type N & Distribution licenses in the city of Los Angeles. Currently the owner has fully approved licenses both at the local and state level, the new owner will have to find a new location within the city of Los Angeles to move the licenses too. The sale will not include the existing Brand or the Book of Business, only the licenses.

Cannabis Businesses have been labeled as essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.

Details: 

  • Fully approved Manufacturing Type N & Distribution Licenses
  • New owner will have to move the licenses

License: 

  • Manufacturing Type N: For Manufacturers that produce edible products or topical products using infusion processes, or other types of cannabis products other than extracts or concentrates, and that do not conduct extractions.
  • Distribution– Distribution of cannabis and 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 be bonded and insured at a minimum level established by the licensing authority.

Asking Price: $600,000.00 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324

Or Email : eespinoza@glbgroupinc.com

Contact Listing Owner
Cannabis & Hemp Banking
Related Listings