This opportunity is beyond turn-key. We’ve done all the heavy lifting and cleared the highest hurdles. You are set up for maximum success.
· Compliant industrial space with competitive lease—Check!
· County CPU – Check!
· State cultivation license – Check!
· State Type – 7 Manufacturing license – Check!
· Full Type 7 Manufacturing facility built out and in operation – Check!
· Type 11 Distribution license – Check!
· Market penetration – Check!
· Branded Flower and Extract currently selling in dispensaries from Humboldt to San Diego – Check!
This is your best opportunity to get into the California Cannabis market without all the hassle, delay, and headache. You have the opportunity to buy a fully licensed, vertically integrated company that is in revenue with sales throughout California.
The facility has just under 5000 sq ft of flowering canopy in 5 separate flowering rooms, each with 30 lights and a dedicated 10 ton HVAC unit.
The award-winning type 7 manufacturing lab is equipped with an Extractiontek Mini-Mep with CRC column, Huber Chiller, Master vapor pump. Equipment is certified by PSI and is enclosed in C1D1 fume hood. Lab meets all state and local requirements has been in operation since May 2020.
The current rent is $1.96 sq ft. 10 years remaining on the lease. But the terms are negotiable.
The owners have bootstrapped the company from a concept and an empty building to a company selling branded flower and extract to dispensaries from Humboldt to San Diego.
Owners will entertain all offers.
If you want to save on rent, the building owners would entertain a separate offer for the property. The property includes two separate buildings totally over 17K sq. ft. The second 8000 sq ft building is currently leased to another cannabis tenant. Any offer on the building would be contingent on the sale of the company.