Posted on April 20, 2022 / 83Listing ID: 387420APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $695,000
Status : ACTIVE
Size : 2,800
APN : 507-251-020
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Recreational
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash
Sale Type : Cash, Owner Financing
Company Name : Humboldt Apothecary
Phone : 707-832-3551

Unique opportunity to purchase a Microbusiness license that includes non-storefront retail delivery, Type N infusion Manufacturing, and Distribution, as well as an established brand in California in a turnkey facility. This business is currently generating revenue and is located on a cannabis campus in the city of Arcata, CA, which is a tax-free zone. Business has a current city permit as well as a newly renewed state license that is current through May of 2023. A long-term lease is available on over 2,000 square feet that includes two suites, an office, and a storage area. Current security system in place that is compliant with all state regulations. One of the suites is a state of the art commercial kitchen with a large commercial hood, a commercial dishwasher, and a list of equipment for making tinctures and topicals. Other assets in this sale include a well established brand, which is currently doing business in 100+ dispensaries around the state, as well as all proprietary recipes and branding assets. 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 process of getting a full “Annual” license or acquire an already existing state license.

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Cannabis & Hemp Banking
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