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1103
Price : $700,000
Status : ACTIVE
Price for Rent : 2.5
Size : 7904
Lot Size (Acres) : 0.27
APN : 2320-010-014
Power (AMPS) : 3 Phase 600 Watt
Medical or Recreational : Both
Year Built : 1959
Utilities : Water, Electricity, Gas, Trash
Company Name : Emporium Growth Operations
Phone : 323-312-7723

If you currently possess a license for cannabis activity or are currently in the application process, sublet terms are as follows:

  • $2.50 per square feet,
  • 6 months deposit
  • Proof of funds
  • License verification

If you do not possess a license and are interested in partnering or purchasing, please see partnership proposal below:

Background

 Emporium Growth Operations has met with potential partners and shared with them its plans related to the expansion of a California based, licensed cannabis cultivation project for the next 3 years with an option to extend.

Our potential partner should possess rare insights and expertise necessary to develop systems and applications related to the above, while we maintain the resources needed to develop such systems and applications.

The parties believe there may be mutual benefit in forming a business partnership or strategic alliance and pooling their resources and assets in order to pursue the objectives.

Contributions & Responsibilities of the Parties

Our potential partner is expected to bring an agreed amount of capital investment, a master grower, cultivation plans, staff, and methods and processes needed for the development of the systems and applications contemplated above.

Emporium Growth Operations will also brings capital and resources, California licensing, legal support and consultation, liability insurance, business development expertise, additional staff, and growing expertise of over 10 years.

NOTE: the arrangement could be set up where funding is sought from outside sources. The below table shows each parties’ anticipated contributions during the development and execution phases of any strategic alliance or partnership that may be entered into. SOME PARTS OF THE DEAL ARE NEGOTIABLE. 

 

Company A (EGO)

Company B (Partner)

o   Development Phase

o   Approx. 7,904 square feet in potential grow space – market price of 2.1M as of February 2019

o   Active CA Cal Cannabis cultivation license

o   Cannabis attorney retainer

o   General liability and building insurance

o   Ongoing consultation and additional growing resources

o         700k Capital Investment

o   Minimum of 1 Master Grower

o   Cultivation Plan

o   Proof of Funds

o   Active Phase

o   Approx. 7,904 square feet in potential grow space – market price of 2.1M as of February 2019

o   Active CA Cal Cannabis cultivation license and renewals for approximately 3 years

o   Cannabis attorney retainer

o   General liability and building insurance, workers compensation

o   Ongoing consultation and additional growing resources

o   2 Master Growers

o   Minimum of 1 Master Grower

o   Cultivation Plan

o   Monthly rent of $2.50 per square feet (to begin approx. 30 dates upon execution of agreement)

o   10%  of each harvest cycle

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