Incredibly rare opportunity to acquire a unique Cultivation business that includes a parcel of real estate in Edmond, Oklahoma (Population +95k). The Cultivation licenses are held in a 2,500 Sq Ft building with an RO system, 800 Amps single phase power, and produces 70 lbs of flower per month. The operation is ready to go, with current inventory and assets. Assets in the sale include Lux HPS, New Gen Nex Gen LED’s, (32) U-line tables, and about $1M+ invested into the business. The business sits on a 1.8 acre property with a beautiful 3,200 Sq Ft home that consists of 4 BD 3.5 BA on the property, a 600 Sq Ft guest house that was converted to host part of the grow and a 1,000 Sq Ft garage that is used as a Veg room. The property also includes a well that connects to the state’s largest reservoir. The business has been in operation since 2018 and is fully compliant with all city and state regulations, ready for a new owner to operate. This is an excellent opportunity for someone who is looking for a plug and play deal or an established operator with a footprint in Oklahoma’s market, which is very friendly towards the licensed cannabis industry.
Details:
- License: OMMA Cultivation License
- Lot: 1.8 Acres
- Space: Cultivation Area 2,500 SqFt
- RO system in place
- Established: 2018
- Producing 70lbs of flower a month!
- 2022 Gross Revenues: $1.4M
- 2022 Net Revenues: $300k
- Power: 800 Amps Single Phase
- Employees: 3
- Equipment will be included in the sale:
- [83] LED Lights
- [14] HPS Lights
- [18] ULINE 8x4x9 TWO Tier Grow Racks
- [6] Quest Dehumidifiers 110
- RO system
- Grow Tools & Equipment
- Home on Property: [2] Homes
- Guest home converted to part of the grow
- 600 Sq Ft (Partial Grow) + a 1k Sq Ft garage (used as a veg room)
- House
- 4 BD 3.5 BA
- 3,200 Sq Ft
- 16 Ft ceilings in master bedroom & a built in den, walk in closets
- 2 bd w/walk-in closets
- 1 bd w/reg closet
- Lg pool 15k gal 12ft
- Septic
- Well (Largest reservoir in the state)
- Front room, living room & Dining room
- Large kitchen
- Guest home converted to part of the grow
Licenses:
- Cultivation – A medical marijuana grower license allows a business to legally grow marijuana for medical purposes in Oklahoma. Licensed growers can only sell to licensed processors, dispensaries and other growers.
Asking Price: $ 1,200,000.00
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.
Lisa Gaylord, LIC DRE OK#139491
Green Life Business Group, Inc DRE CA LIC# 02061374
Elliot Cardenas, DRE LIC CA #02138336
If you have any questions call Elliot (619) 770-2699
Email: elliot@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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All listings included in this section are represented by locally licensed real estate brokers where necessary.
This listing is represented by (Local Broker) via the Green Life Business Group National Affiliate Program.
