Posted on November 11, 2021 / 96Listing ID: 296488GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $2,500,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : 619-653-0483

This is being sold by way of court ordered receivership and is subject to court confirmation.

Unique opportunity in the City of Oakland (Population 425k) for a Cannabis MicroBusiness Retail, Delivery, Manufacturing, Distribution & On Site Consumption! Oakland is the largest city and the county seat of Alameda County, California. A major West Coast port city, Oakland is the largest city in the East Bay region of the San Francisco Bay Area, the third largest city overall in the San Francisco Bay Area, and the eighth most populated city in California.

The building has easy highway access and plenty of parking, making this a great destination shop for anyone looking to expand their retail footprint. The business is fully licensed both at the local and state levels. It is currently not in operation, owner is looking to sell at license value.

CITY OF OAKLAND CANNABIS BUSINESS TAX RATES SCHEDULE (Link) 

Details: 

  • Space: 8,500 SqFt
  • Rent: $40k/Month ($3,000 per month for utilities)
  • Parking: 20 Spaces
  • License can be Moved to a New Location
  • Use: Recreational & Medicinal
  • Licenses: Retail, Delivery, Manufacturing, Distribution & Consumption Lounge

Licenses: 

  • Retail: Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
  • Non-Storefront Retail (Both Uses): Deliver cannabis goods to the end-consumers doorstep.
  • On-Site Consumption: THE NEXT BIG THING IN THE CANNABIS INDUSTRY, you can open up a marijuana lounge.  The move gives visitors a place to smoke or eat edibles, since many hotels and rental properties don’t allow for smoking. Similar to alcohol, cannabis can’t be consumed in public places.
  • Manufacturing type 6 local permit and state license in hand.
  • Distribution- local permit and state license in hand.  Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary.

Asking Price: $2,500,000.00 (Sellers Open to Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. 

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

Vertically Integrated Retail & Cultivation Empire (Perris & Adelanto, CA) | $29.9M
Opportunity for a Vertically Integrated Retail & Cultivation Empire. This business offers opportunity for absentee ownership, extraordinary sales annual increases, and room to scale!
Call Drew Mathews at (619) 653-0483 for more info. DRE CA LIC# 02091143
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Cannabis & Hemp Banking
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