This is a great opportunity for someone who is looking to start or to expand their Nursery, Manufacturing, Distribution & Delivery footprint in the Bay Area! The owner has both local and state licenses in hand, making this a truly turn-key business opportunity. The Microbusiness is being sold at license value including $80k in brand new Rosin extraction systems, allowing the new owner to operate with a strong foundation, the seller will be keeping the brand. The new owner would be taking over the licenses and lease at the existing location. The business was operational for 8 months before the owners closed its doors.

California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license. – Representing a Greater Value !!!

Details: 

Space: 2,077 SqFt
Rent: $4,676 p/m + NNN
Lease: 5YR w/ a 5 YR Option
Parking Spaces: 7+
Ceiling Height: 9′
$80K Brand New Fully Built out Rosin Extraction System Included
Building: On site 24 hour armed security, gated entry, and 24 hour secure key card access to building included with NNN
​​Office Security: Monitored alarm system, safe, secure product storage room & security cage, and security cameras with NVR
Licenses:

Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
Cultivation (Nursery): Able to propagate immature plants/clones
Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors.
Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
 

Asking Price:  $170,000.000

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot (619) 770-2699

Email: elliot@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.