Posted on July 22, 2022 / 140Listing ID: 430870APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,490,000
Status : ACTIVE
Company Name : Green Life Business Group Inc.
Phone : (619) 433-5773

Opportunity to acquire a Cultivation and Processing business for sale that includes an 80 ac +/- Property with 40 acres fenced for horses! OMMA Licensed for growing and processing. The licenses are transferable to qualified buyers. Along with the Cultivation grow houses, there is also a 1k Sq Ft main house and (2) smaller houses on the property, along with 15 KW of solar that was installed Dec of 2019. When the shop’s grow room is not in use, the electric bill is near zero! Seller is motivated and will assist with seamless transfer.

The main House is 1,056 Sq Ft with a 720 sq ft carport. It includes Central heat and air, Low-E double hung windows throughout, Kohler fixtures, Propane stove and aux heat. Completed 6 years ago.

The (2) smaller houses next to the main house are efficiencies, 1 bed 1 bath with kitchenettes 352 Sq Ft and 384 Sq Ft. All roofs are metal and recently replaced. 2 wells with a total of 26 gpm. 25 kva service.

The Main Grow House has 75kva electrical service. 45 KW generator with 1000 gal Diesel tank. 25 Tons of Bosh web enabled AC. 1900Pints per day of Dehumidifiers. It has 990 gal reverse osmosis water storage filled by a large RO filtration system constantly.

The Second Grow House is 2592 Sq Ft that includes a 12ft Porch and it’s own well (17 gpm) and septic. 25 KVA service. 5 tons of AC, 250PPD of Dehumidifier, RO filtration system, 100gal water/nutrition storage, 7200W LED lights, 1250W HPS lights, set up for coco/drain to waste.

The Veg Room has 8000W of lights with twin 50 gal tanks and a triple sink.

75kva service to (3) 481 Sq Ft grow rooms. Each room has 11,500w of LED lighting, 500 pints per day of dehumidifiers, 5 tons of web enabled AC, drip irrigation, 50 gal water/nutrition reservoir.

All rooms are set up for coco/drain to waste. All water in the building is reverse osmosis and carbon filtered. 

The Shop is 1600 Sq Ft (~17’ Height) with 320 Sq Ft dry storage, 320 Sq Ft tool room, and (2) 480 Sq Ft lofts. One loft is insulated, heated, and cooled (5 ton total capacity) with running water. It’s currently used as a grow room . Main work area is 960 Sq Ft with 16×12 sliding doors.

In May 2022, Oklahoma Gov. Kevin Stitt signed into law a pause on medical cannabis licensing in the state. The new law implements a two-year moratorium on medical cannabis licensing, prohibiting regulators from issuing new cultivation, processing and retail licenses from August 2022 to August 2024.

Licenses:

Cultivation – A medical marijuana grower license allows a business to legally grow marijuana for medical purposes in Oklahoma. Licensed growers can only sell to licensed processors, dispensaries and other growers.

Processing – A medical marijuana processor license allows a business to legally process marijuana for medical purposes in Oklahoma. Licensed processors can sell to licensed dispensaries and other licensed processors.

Looking for Funding? 

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.

Asking Price: $1,490,000.00 (Seller Open to Offers)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. 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) 433-5773 

Email: nationwide@glbgroupinc.com

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

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.

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