HUGE opportunity for a Retail Cannabis Business in the highly demanded State of Massachusetts. The property is Cannabis zoned, with FOUR host community agreements in place and State licenses pending. Host community agreements are: dispensary, manufacturing, delivery, and testing (no cultivation). Currently the building is a 15,500 Sq Ft single unit building with potential to subdivide into multiple units with multiple cannabis businesses. Mixed use Business-Residential is also allowed. Dozens of possibilities with potential for a cannabis cash cow!!
Cannabis Businesses were labeled as essential businesses in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
- Property included in sale
- 3k Sq Ft Office Space
- 12k Sq Ft Warehouse
- Lot: 0.5 ac
- 20 Parking Spaces
- Mixed use Business-Residential Allowed
- 4 Host Community Agreements
- Retailer: can buy from licensed establishments and sell to adults 21+. Licensees must: • Test products in compliance with MRTMA. • Ensure that products bear required labels. • Verify customer identification/age.
- Safety compliance facility (testing lab): authorizes the facility to receive marijuana, test it, and return it to a licensed marijuana facility.
- Processor: authorizes purchase of marijuana from a grower and sale of marijuana and marijuana-infused products to a retailer.
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: $549,000.00
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
Jeff Similien, MA License #CN200323
If you have any questions Call Elliot at (619) 770-2699
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