Unique opportunity to acquire a Retail Cannabis License in New Jersey. The New Jersey adult-use market is projected to grow to $2 Billion by 2026! This state is a lucrative recreational market with high demand for licenses given the limited number of issued licenses. The sale is for the license only but the license can be moved as necessary. This is a great opportunity for someone who is looking to target a major cannabis market in New Jersey, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry.
According to the CAC, in May 2022 they approved an additional 152 personal use licenses: 92 are for cultivation, 45 for manufacturing, 11 for retail and 4 for testing labs.
New Jersey Class 5 Conditional Retail License
License will need to be moved to an approved location
Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store.
Conditional license: Begin building out operations for the cultivation, manufacture, dispensing, wholesale, distribution, or delivery of recreational use cannabis while working towards meeting the requirements for a cannabis cultivator, manufacturer, dispensary, wholesaler, distributor, or delivery license.
Asking Price: $200,000.00
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
Tom Milks, DRE CA LIC #02064305
If you have any questions call Tom (619) 972-5952
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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