Posted on August 23, 2022 / 131Listing ID: 445371APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $8,500,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (858) 633-3013

Unique opportunity to acquire the largest scale, turn-key, multi-licensed, cultivation, processing and wholesale business in Oregon. This massive cultivation and processing business is profitable and located on a very rare, multi-acre industrial parcel loaded with active cultivation licenses, and includes multiple buildings all owned by the business.  The location is conveniently close to downtown Portland, Oregon on the Columbia River with deep water dock and rail access adjacent to the property . The business includes recently improved buildings built to suit for full cultivation and processing production, fully operational, with great market branding, and known in the cannabis market for its very high-end top-shelf strains and products.  Remaining site acreage is 100% buildable and approved for expansion. This is a one-of-a-kind opportunity to own the largest licensed indoor cannabis operation in the State of Oregon.  The business and property are ideal for both Oregon as well as a national cultivation, processing, wholesale and distribution hub in the future.  Oregon is the friendliest State for cannabis businesses, with reasonable regulations, and no local, county or State taxes for cultivation and processing.

Details: 

  • Building #1: 1,300 Sq Ft
  • Building #2: 2,000 Sq Ft
  • Building #3: 8,500 Sq Ft
  • Building #4: 3,750 Sq Ft

Ceiling Height: 

  • Bldg #1: 19’
  • Bldg #2: 14’
  • Bldg #3: 14’
  • Bldg #4: 12-18’
  • Bldg #5: 12’

Details (Continued):

  • Water: Unlimited City water. City put in a brand new RO system a few years ago.
  • Power: Power to each building was put in per each building’s use requirements.
  • PGE can bring in as much power as needed for new buildings / infrastructure. They are putting in a new power station to feed the entire complex around the property as well.
  • Employees: 20
  • Local and State Taxes for Cultivation, Processing, Etc.

Licensing:

Tax Lot #1 :

• Active Tier 2 Cultivation License:

The initial 10,000 SqFt indoor marijuana cultivation facility has been in full

production since January 2019

40-60lbs of flower harvested weekly, with market value of $1,800 to $2,200

per pound

• Active Processing License:

The processing facility is nearly completed in construction. Processing has

already started with 2 product lines and a good sales history.

• Active Wholesale License

• Research Certificate for medical marijuana program

• Medical Marijuana certificate

Tax Lots #2 – #11 :

• Each with an Active Tier 2 10,000sf Cultivation License

• Cultivation buildings have not been built out yet

• Buildings can be free standing or a large contiguous building.

Looking for Funding? 

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this. 

Asking Price: $8,500,000.00 (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.

Scott Hite, DRE LIC OR# 201218627

If you have any questions Yesenia (858) 633-3013

Or Email : nationwide@glbgroupinc.com

National Affiliate Listings

 
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.
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