Listing ID : 902428
Broker ID : 1779
Listed On June 23, 2025 141
Listing Updated June 23, 2025
Portable Cannabis Consumption Lounge License (West Hollywood, California) #1779
The opportunity being presented involves acquiring a portable Consumption Lounge License in West Hollywood, California. The portable license offers flexibility for a new owner to choose a location that best suits their specific needs. Although the opportunity is currently pre-revenue, it provides the buyer with the chance to construct a fully customized lounge from the ground up, thereby creating a brand new revenue stream.
Furthermore, the buyer would not be exposed to any tax liabilities from the previous owner, which is a significant advantage. This opportunity is particularly rare and valuable as it allows entry into the thriving cannabis industry in Los Angeles, which is widely recognized as the Mecca of the Cannabis Industry. By seizing this license-only play, the buyer can capitalize on the market and unlock the potential for success. It serves as a valuable asset and provides a solid foothold in an industry with tremendous growth potential.
Details:
Needs to be Relocated
Option to Keep the License at Current Location
License:
Consumption Lounge: THE NEXT BIG THING IN THE CANNABIS INDUSTRY, you can open up a marijuana lounge. The move gives visitors a place to smoke or eat edibles, since many hotels and rental properties don’t allow for smoking. Similar to alcohol, cannabis can’t be consumed in public places.
Asking Price: $599,000.00 (Seller Open to Offers)
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
Tom Milks, DRE CA LIC# 02064305
If you have any questions Call Tom (619) 972-5952
Or Email : tom@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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