Posted on October 12, 2022 / 128Listing ID: 468956APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $3,750,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 6197702699

Unique and strategic opportunity to acquire a large scale cannabis Cultivation and Production project in the highly desired city of Las Vegas Nevada. The current project has licenses in place that have been approved by the city and state. The licenses are currently attached to a 50K Sq. Ft. building. A new owner would have to continue the buildout for the project to become fully operational. The current buildout will need installation of Lights and AC units in order to comply with city and state regulations. This large scale project that is semi built is a great opportunity for a large operator who is looking to target the highly demanded Las Vegas and Nevada Market in a strategic location. 

Cannabis Businesses were 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. Cannabis businesses are also considered recession and pandemic proof. 

Details:

  • Total Space: 50K Sq. Ft. 
  • Needs AC Upgrade to fully cultivate and finish buildout of the main flower room and production/ Expansion
  • Lease: TBD
  • Approx: $5M-$6M already invested into buildout

License:

  • Cultivation – Licensed to cultivate (grow), process, and package cannabis; to have cannabis tested by a testing facility; and to sell cannabis to retail cannabis stores, to cannabis product production facilities, and to other cultivation facilities, but not to consumers.
  • Product Processing – Licensed to purchase cannabis; manufacture, process, and package cannabis and cannabis products; and sell cannabis and cannabis products to other product production facilities and to retail marijuana stores, but not to consumers. Cannabis products include items like edibles, ointments, and tinctures.

 

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:  $3,750,000.00

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

Elliot Cardenas, DRE LIC CA#02138336

If you have any questions Call Elliot at 619-770-2699

Or Email : elliot@glbgroupinc.com

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

Commercial Lot with Active Tier 1 License | Moffat, CO
Contact Listing Owner
Cannabis & Hemp Banking
You May Also Like