ADD FREE LISTING

Amazing Opportunity! Portable Provisional Phase 2 Tier 3 Cannabis Cultivation License (Los Angeles, CA)

Los Angeles, CA, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Cultivation/ Grow Businesses For Sale

Listing ID : 610931

Listed On September 12, 2023 View Count 356

Listing Updated October 24, 2023

Price For Sale:
$249,000
Company Name:
Green Life Business Group, Inc
Phone:
(858) 633-3013
Email:
asm@glbgroupinc.com
Description :

The opportunity being presented is quite remarkable. It involves acquiring a portable Cultivation 10,000 Sq Ft Canopy License in Los Angeles, CA. Being a Phase 2 Tier 3 License, this license allows for 100% ownership and does not require a Social Equity partner. This license grants permission for cannabis cultivation within a 10,000 square feet canopy space. Initially issued through the Community Planning Area of Hollywood, the license can now be relocated outside of that area, thanks to the recent approval by the Department of Cannabis Regulation (DCR). 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 cultivation facility 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.

Amended LAMC Regarding Cannabis Law LINK: Section 104.03(c)(6)(i)(A) says one could relocate to another community plan area that has not reached undue concentration if you have temporary approval.  Section 104.03(g)(2) says one could refile into another community plan area as long as it has not reached undue concentration.

Details: 

License: Provisional Phase 2 Tier 3 Cultivation License
No Social Equity partner needed (100% Ownership)
Canopy Size: 10,000 SqFt
DCR Licensing Map (CLICK HERE TO VIEW LINK)

License: 

Cultivation- 10,000 Sq Ft Canopy

Asking Price: $249,000.00 (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

Yesenia Jimenez, DRE CA LIC# 02073168

If you have any questions call Yesenia (858) 633-3013

Email: asm@glbgroupinc.com

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

Medical Cannabis Cultivation Operation in Mississippi For Sale

Mississippi, USA

Cultivation/ Production

Create an account

I Agree to 420 Property’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

All Listings
Green Life Business Group Inc.
License:DRE CA # 02061374

420 PROPERTY SEARCH

Hemp Only Listings

Listings You May Also Like

Turnkey Indoor Cannabis Cultivation & Nursery Business For Sale W/ Option To Purchase Real Estate (Santa Barbara County, California) $400,000
Turnkey Indoor Cannabis Cultivation & Nursery Business For Sale W/ Option To Purchase Real Estate (Santa Barbara County, California)

Santa Barbara, CA, USA

Turnkey Indoor Cannabis Cultivation & Nursery Business For Sale W/ Option To Purchase Real Estate (Santa Barbara County, California) #1457Embark o

Retail Stores/ Dispensaries

Fully Operational Distribution Business With Manufacturing Type 6 & Delivery Licenses For Sale (Orange County, California)

Orange County, CA, USA

Fully Operational Distribution Business With Manufacturing Type 6 & Delivery Licenses For Sale (Orange County, California) #1456Great opportunity

Distribution

Fully Operational Large Scale Cannabis Delivery Business For Sale (Sacramento, California)

Sacramento, CA, USA

Fully Operational Large Scale Cannabis Delivery Business For Sale (Sacramento, California) #1455If you are looking to expand your company’s footprin

Delivery

Fully Operational Prime Location Dispensary & Delivery Business For Sale (Long Beach, California)

Long Beach, CA, USA

Fully Operational Prime Location Dispensary & Delivery Business For Sale (Long Beach, California) #1454This exceptional opportunity presents a ful

Retail Stores/ Dispensaries