Posted on April 25, 2022 / 83Listing ID: 389477APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $3,250,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (619) 433-5773

Amazing opportunity to acquire an Established Turn-Key Cultivation and Processing Business in Benton County, Washington that includes the underlying Real Estate! The business is currently licensed at the local and state level, each license was individually issued. The business sits on 3.5 Acres of land with 3 Greenhouses and a large warehouse. The Greenhouses allow for approximately 10,000 sq. ft. of canopy space and approximately 7,500 sq ft of canopy space within two stories in the warehouse.The current owner made sure to install all the necessary components that have allowed the business to be successful. 

The owner invested $2.7M into the land & operation and has no debts! This profitable operation harvests approximately 1000 plants every three weeks. The property is heated with natural gas and water is supplied through a well without any restrictions.  The property is very close to the Columbia River and the well draws from there.  There are two transformers which reduces the electrical bill and will provide more than adequate power for any expansion.  Experienced employees run the operation on a day-to-day basis.

The Tier 3 license allows for up to 30,000 sq ft of grow, which is not easy to find in the State of Washington.  In addition, producer licenses are not currently being issued by the State of Washington.

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, allowing all cannabis businesses to remain open.

 

Details: 

  • Licenses: Tier 3 Cultivation license & Processing License

  • 2021 Gross Revenue: $1,200,000.00

  • Included Inventory: ~ $400,000.00

  • Total Space: 3.5 Acres (Real Estate Included)

  • 10,000 sq ft (Split between the 3 Greenhouses)

  • 5k Sq Ft indoor grow warehouse (allows for 7,500 sq ft of canopy space)

  • Power: 2 Transformers that run 480 amps each (45KVA & 30 KVA)

  • Water well on property

  • Natural Gas

  • Experienced Employees

  • Brand and Book of Business included

  • Fixtures & Equipment

 

Facilities: 

  • Each greenhouse is approximately 3300 square feet.  

  • All three greenhouses are identical and feature fully automated heat/AC/humidity control, as well as light deprivation curtains.  

  • The greenhouses are watered through a 10,000 gallon per day reverse osmosis system that feeds three 500 gallon reservoirs. (One for each of the greenhouses)  

  • Each greenhouse has approximately (110) 1000 watt HID fully automated lights.  

  • The two-story warehouse: 

    • 1st floor is 5000 sq ft – This indoor space contains rooms for clones, teenage plants and mothers, a large walk-in freezer, surveillance equipment and drying rooms. 

    • 2nd floor is approximately 2500 square feet – This floor can house 1200 vegatative plants in 3 gallon pots.  

Licenses:

  • Allows the licensee to produce, harvest, trim, dry, cure, and package cannabis into lots for sale at wholesale to cannabis processor licensees and to other cannabis producer licensees.  May also produce and sell:

  • Cannabis plants, seed, and plant tissue culture to other cannabis producer licensees;

  • Immature cannabis plants or clones and cannabis seeds to members of a registered cooperative, qualifying patients, or designated providers;

  • Immature cannabis plants or clones and cannabis seeds to a licensed cannabis researcher.

  • Cannabis Processor: Allows the licensee to process, dry, cure, package, and label usable cannabis, cannabis concentrates, and cannabis-infused products for sale at wholesale to cannabis processors and cannabis retailers.

Asking Price: $3,250,000.00 (Seller Open To Offers)

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.

Charles Morningstar:

If you have any questions call Yesenia at (619) 433-5773 

Email: nationwide@glbgroupinc.com

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