Posted on October 7, 2021 / 65Listing ID: 287560GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $299,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 619-770-2699

Unique opportunity to acquire Manufacturing Type N & Distribution Licenses in Sacramento, CA. These licenses are located in one of the major markets for cannabis consumption in California. Licenses are approved at the local and state level. However, the new owner would have to apply for their own state license as the Seller is keeping the brand and book of business.  The Seller has put in the time and effort to obtain both local & state approval for Manufacturing and Distribution in a permitted facility and is now looking to sell, with all the T.I. improvements and upgrades they’ve done to the facility.

Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses.

Details:

  • Licenses: Manufacturing Type N & Distribution
  • Space: 5,000 sqft
  • Rent: $7,500/month
  • Lease: 5 YR

Licenses:

  • Manufacturing Type N (Infusion of products) Type N manufacturers can: Make cannabis products through infusion, Package and label cannabis. Infusion mixes cannabis extract or plant material with other ingredients to make a cannabis product.
  • Distribution Type 11- Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.

Asking Price: $299,000.00 (Seller Financing Available)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Elliot Cardenas, DRE CA LIC# 02138336

Email: elliot@glbgroupinc.com

If you have any questions call Elliot 619-770-2699 

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