Posted on November 16, 2022 / 181Listing ID: 492616APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,200,000
Size : 133880
Lot Size (Acres) : 3
Cannabis or Hemp Use Allowed? : Cannabis
Current Cannabis Business License? : Cultivation,Nursery,Type 6, F1 Manufacturing,Processing, Type 13, Delivery, etc.
License Type : Recreational
Sale Type : Cash
Company Name : Mondo Farmaco

Opportunity for fully vertically integrated cannabis campus. Located on a picturesque 82+ Acre Estate on the Central California Coast. Complete local approvals and cultivation operational for the past 2 years. 

Selling entire clean California C corporation operating entity which holds multiple permits, licenses, and long-term lease for $1.2M. 

Very desirable Central Coast location directly between San Francisco and Los Angeles on off the 101-freeway making the company well-positioned to supply across California. Our long growing season and unique microclimate makes this location ideal for cannabis cultivation.

The business includes 3 acres of cultivation and 3,200 sf commercial building licensed for nursery, processing, manufacturing, distribution, and retail dispensary.

3 Acres Cultivation: 130,000+ sf -13 licenses. (78,000 sf hoop houses and 52,000 sf outdoor).

Nursery: 1000’ sf indoor nursery license 

Retail Dispensary: Non-Storefront Retail License (delivery only) 

Manufacturing: Type 6 (Non-volatile Manufacturing) License 

Processing: Dry, cure, trim, package, label License 

Distribution: Type 13 Transport-only License 

Lease is $25,000 per month, discounted to $15,000 per month for the new buyers first six months. 10-year lease with option to extend the initial term for two additional periods of ten 10 years. Approval in place from landlord for buyer to fully assume the long-term lease. 

Seller is open to discuss potential JV partnership to handle the cannabis cultivation operations alone in partnership with the owners, and/or potential for ownership of the real property.  See: https://www.420property.com/listing/one-of-a-kind-gem/

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