Posted on January 11, 2022 / 38Listing ID: 328612APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $6,900,000
Status : ACTIVE
Size : 6273
Lot Size (Acres) : 0.10
Cannabis or Hemp Use Allowed? : Cannabis and/or Hemp
Company Name : James Capital Advisors
Phone : (424) 282-8472

James Capital Advisors is pleased to present a rare opportunity to purchase the Fountain of Wellbeing Pre-ICO Cannabis dispensary in North Hollywood, CA. The Microbusiness license is perfect for a vertically integrated cannabis operator and allows for Retail, Delivery, Manufacturing, Distribution, and Cultivation operations. The rare retail dispensary license is one of only 204 licensed in all of Los Angeles, and allows an operator access to the largest cannabis consumer market in the state. The opportunity includes Fountain of Wellbeing’s in house brand “Knbis”, which has done $7.5M in sales and recently ranked #51 flower brand in California. The offering also includes two 10,000 SF canopy cultivation licenses, providing an operator an opportunity to add value and build a dedicated Cultivation facility. A fully integrated retail and cultivation will an operator to sell direct to consumer and achieve higher margins than wholesale sales. Don’t miss an opportunity to purchase a turn-key cannabis business in the largest cannabis market in the country.

 

Highlights:

Operational and profitable retail storefrontwhich saw daily patient count double in 2021.

Fully operational cultivation (50 Lights).

Sale incudes all FF & E’s, inventory, and employees.

Amazing opportunity to build out delivery sales and cultivation capacity with existing licenses.

 

Contact Listing Owner
Cannabis & Hemp Banking
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