Posted on April 26, 2023 / 70Listing ID: 550919APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Banking
Price : $7,000,000
Size : 24,000
Lot Size (Acres) : 36
Power (AMPS) : 700
Cannabis or Hemp Use Allowed? : Cannabis and/or Hemp
License Can Be Moved to Another Location : No
Current Cannabis Business License? : Standard Cultivation, Processing, Retail and Medical Sales
License Type : Medical & Recreational
Sale Type : Cash
Company Name : Canngroup Development Corp.
Phone : 250-899-6316

Enter the Canadian Cannabis market with a fully licensed and operating cannabis facility. Licensed cultivator, extractor, co-manufacturer & distributor in BC, SK, MB, ONT, NB, NS.
Indoor multi level LED cultivation, 3 acres outdoor cultivation, extraction & manufacturing LP operating from 24,000 ft.², purpose-designed, leased facility in BC with solid growth potential
Licences Held: Standard Cultivation (Indoor + Outdoor), Standard Processing, Recreational Sales Amendment (All Categories), Industrial Hemp License, CRA Licence and Ethanol User license
Asking Price: Seeking outright sale of the going-concern business, lease-take over and licence with the real estate for $7 million
Fully operational, dynamic, 24,000 ft.² facility comprised of 7 total cultivation rooms, 4 extraction/post-extraction rooms, 4 processing/packaging rooms, 2 large secure storage rooms, separate shipping/receiving areas, office area and more
Facility has 8,000 ft.² of expansion space on the second level and sits on 37 acres, complete with a 3-acre licensed cultivation area & 8 seasonal greenhouses
Currently undertaking vertical craft cultivation, two forms of extraction including hydrocarbon, manufacturing, packaging, B2B/B2C sales and distribution for own brand/products and multiple LP clients, with sales into six Provinces
Cultivation production capability for the facility is approx. 1,800 kgs/annually
Extraction capacity is approx. 5,000 kgs/monthly on a single shift
Company has 30+ registered strains in their genetics library
$8 million historical revenue generated in 2022
Total invested in property, capital improvements and equipment are ~$10 million
Building Permit in place for additional 12,000 ft.² processing/extraction building on the site
Staff are fully engaged and willing to stay on and owners are willing to stay on and help operate the business as needed
The land and property are valued at $5.3 million


Retail cannabis License for sale in Kelso, Washington in Cowlitz County
Contact Listing Owner
Cannabis & Hemp Insurance
You May Also Like