Posted on December 10, 2021 / 220Listing ID: 312812APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $6,900,000
Status : ACTIVE
Size : 29,623
Lot Size (Acres) : 1.07
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Medical & Recreational
Sale Type : Cash
Company Name : Green Life Business Group
Phone : 8586333013

Rare opportunity for someone who is looking to establish a scalable presence in the Cannabis Mecca of the world, Los Angeles County! Great opportunity for a large vertically integrated cannabis business, that is located in a 30,000 SqFt building in South-East Los Angeles County that also comes with a MicroBusiness License for Cultivation, Delivery, Manufacturing & Distribution! 

The building offers close to 30k SqFt of space for a fully vertical operation, which would allow the new owner to grow, manufacture, distribute & sell directly to the end consumer all under one roof in the mecca of the CA cannabis industry. LA county is home to 10M residents, not counting tourism, with the Delivery license the new owner is not limited to delivering product to just LA county, but any other surrounding county. Representing a greater value! The new owner could maximize the entire 20k SqFt canopy size which the license allows for in the building, in order to maximize yield.

The new owner would need to begin and complete the build-out process in order to obtain the operating permit, needed to open the doors. The seller has great relationships with the City and is a seasoned operator in the cannabis space and could provide assistance if needed. 

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:

  • Building: 29,623 SqFt 

  • Lot Size: 1.07 AC

  • Secured Fenced Lot

  • Ceiling Height: ~20 Ft

  • (3) High Loading Doors

Licenses:

  • Cultivation – Medium Indoor 10k-20k SqFt

  • Manufacturing Type 7 Volatile- With a Type 7 you can register your location for shared-use. Non-Volatile: Extraction using a mechanical method or non-volatile solvents such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter. Type 7 Manufacturing License allows for all aspects of Cannabis Manufacturing, including Extraction w/ Volatile Solvents, i.e. LHE/BHO; and everything allowed w/ Type 6, Type N, and Type P Manufacturing Licenses.

  • 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. 

  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.

 

Asking Price: $6,900,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. 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 at (858) 633-3013 

Or Email : asm@glbgroupinc.com 

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

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