
Listing ID : 642784
Posted on November 14, 2023 109
The opportunity being presented is quite remarkable. It involves acquiring a portable Cultivation (10,000 Sq Ft Canopy), Manufacturing, Distribution & Delivery Licenses in Commerce, CA! The new owner would have to relocate the licenses to another facility within the city of Commerce. This newfound flexibility allows the 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 vertically integrated cannabis business from the cultivation facility being built from the ground up, along with the other license types the new owner could build out their ideal hub.
Furthermore, the buyer would not be exposed to the same amount in tax liabilities from the previous owner, as a fully operational business which is a significant advantage. This opportunity is particularly rare and valuable as it allows entry into the thriving cannabis industry in Los Angeles County, 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:
Licenses: Cultivation, Manufacturing, Distribution & Delivery
New Owner Needs to Relocate Licenses to a New Facility
License:
Cultivation- 10,000 Sq Ft Canopy
Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer
Distribution– Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.
Manufacturing: For sites that manufacture cannabis products using nonvolatile solvents, or no solvents.
Asking Price: $550,000.00 (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
Tom Milks, DRE CA LIC# 02064305
If you have any questions Call Tom (619) 972-5952
Email: tom@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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