Great opportunity to acquire a fully licensed and operational Manufacturing Type 7 business in Oakland, CA. This fully built out and equipped Manufacturing Type 7 is located in Oakland (Population 433k) which is in Alameda County (Population 1.5mil). The business has both local and state approvals in hand! The building is also zoned for Non-Storefront Delivery, Cultivation and Distribution which the new owner could apply for. The license in hand is for Manufacturing Type 7, known as Volatile extraction. These licenses are difficult to obtain due to so many cities restricting its use, however, Volatile extraction is the most efficient and speedy way of extracting cannabis.
California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.
- Licenses: Manufacturing Type 7 (Zoned for Delivery, Distro and Cultivation) ○ Social Equity License (Past 5 year mark)
- Rent: $5,800 Per Month
- Lease: 3 Yr Lease (Option To Renew)
- Space: 2K Sq Ft
○ 15×20 booth
○ Precision x10
○ Two floors, Fully renovated
- # of Employees: 2 Employees
- Buildout: $200K
- Free and Clear of liabilities
- Gross Number 2021: $370K
- Book of Business and Equipment are included in the sale
- Manufacturing Type 7: Volatile Solvent Extraction i.e. LHE/BHO; and everything allowed w/ Type 6, Type N, and Type P Manufacturing Licenses. With a Type 7 you can register your location for shared-use.
Additional Allowed Uses
- Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer. ● Distribution: 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.
- Cultivation: Growing cannabis
Asking Price: $450k (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.
Green Life Business Group, Inc DRE CA LIC# 02061374
Yesenia Jimenez, DRE LIC CA# 02073168
If you have any questions Call Yesenia (858) 633-3013
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.