Listing ID : 874080
Listed On January 10, 2025 20
Listing Updated January 10, 2025
Listing Highlights :
Take this rare opportunity to purchase a pre-operational cultivation facility, that has VERTICAL INTEGRATION capabilities. About 75% of the cultivation construction is completed, and license has a grandfathered approval to also build a retail facility at the same premises! A vertically integrated cannabis facility offers significant advantages by streamlining operations and increasing profitability. By controlling the entire supply chain: you can reduce costs, maintain consistent quality, and adapt to market demands more efficiently. Integration also mitigates risks associated with supply shortages or price fluctuations, providing a competitive edge in the marketplace. Maine, one of the East Coast’s most established cannabis markets, is a proven hub for cannabis demand and continues to thrive. With $166 per capita recreational sales in 2023—among the highest in the U.S.—and a 36% increase in recreational sales to $216.9 million from 2022, Projections for 2024 estimate sales will exceed $240 million. Don’t miss your chance to capitalize on Maine’s thriving cannabis industry.
License Highlights:
– Grandfathered for Vertical Integration
– Nearly Built-Out Cultivation
– $600,000 Invested To Date
– Lighting Plan
– 176 x Flower
– 24 x Mother
– 32 x Veg
– 3 x Clone
– Estimated Price per Pound: $2,000 – $2,500
– Cost to Grow One Pound is $300 – $600 per Pound
Location Highlights:
– 412 Hill St, Biddeford, ME
– 13,808 Sf
– 2 Elec Panels:
– 1k Amps Over 408 Volts
– 400 Amps Over 208 Volts
– Municipal Airport Adjacent
– Biddeford – An Emerging Hot Spot!
– College Town: U Of New England
– 15 Miles S Of Portland
– 2 Hours From Boston
– Riverfront Redevelopment
– Youthful Demographic – 33k Adults (21+) w/in 15 Min
– Above State Avg Income
Various parcels ranging from 5-100 acres of healthy pasture and agriculture land for lease.Currently the various fields are set up for either hemp, ha
Attachments
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Cannabis & Hemp Banking
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