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Morando Brands – Hemp & Cannabis licensed locations in Massachusetts

87 Main Street, North Reading, MA 01864, USA
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  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale

Listing ID : 701280

Listed On April 17, 2024 View Count 69

Listing Updated April 17, 2024

Price :
$5,000,000
Business Overview :
Growth and Expansion Opportunities:
Proprietary formulations and manufacturing process for specialty beverages and edibles. Start-up recently licensed in late 2023. White labeling, nano emulsions, manufacturing contract(s) and Spay drying are the main services for the company. Would like to stay on as an employee for buyer. Unlimited opprotunity for both hemp & Cannabis.
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use
Business Location Details :
Business Location:
Owned - Included in Purchase Price
Facility & Tenant Improvements:
Building consistes of three floors, basement for light manufacturing, 1st floor offices and 2nd floor laboratory. Building is on a busy road, commercially zoned with AAAexposure. The 2nd location is a leased property in a industrial complex, discrete location located on a major route and is fully equiped for manufacturing.
City Cannabis Tax Rate:
7%
Size:
6,000 Sq. Ft.
Utilities:
Electricity, City Water, Natural Gas
Terms :
Financing:
Cash, SBA
NDA Required:
Yes
Support & Training Offered:
Yes, will train and would like to sta
Reason for Selling:
Spouse health problems.
Company Overview :
Description :

Business includes a 6,000 square foot building in North Reading MA with a MDAR hemp license, office space and full laboratory.  2nd location is a  leased facility in Rowley MA licensed for Cannabis.  Extensive equipment for manufacturing including a 16×16 open loop clean room, spay drying equipment, RO water system, Nano sizing equipment and laboratory.

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