Posted on October 13, 2021 / 50Listing ID: 288902GET A BUSINESS LOAN
Cannabis & Hemp Insurance

This is a great opportunity for someone that is looking for Manufacturing Type 7 & Distribution in Long Beach, CA. Manufacturing Type 7, know as Volatile extraction licenses are difficult to obtain due to so many cities restricting its use, however Volatile extraction is the most efficient and speedy way of extracting cannabis. Medicinal and Adult use applications have been deemed complete by the city, MEP’s approved by building and safety. New owner will have to start the buildout and continue the licensing process in order to be operational. Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing, $13.20 per Square Foot under Cultivation &  8% of Gross Receipts for Retail.

Details: 

  • Space: 4,412 SqFt
  • Rent: $8,775/Month
  • Lease: Until 2024 w/ an Option for 5 YRs
  • MEP’s approved already
  • Power: 200 amp 3 phase
  • Roll-Up Door
  • Ceiling Height: 9.5 ft-12 ft
  • Plenty of Street Parking

Asking Price: $825,000.00 (Seller Financing Available)

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

Tom Milks, DRE LIC CA# 02064305

If you have any questions Call Tom at (619) 972-5952

Or Email : tom@glbgroupinc.com

MASSACHUSETTS LICENSED ADULT USE DISPENSARY – $3,000,000
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