Portfolio 21 Cannabis Dispensaries, Cultivation & Manufacturing Business For Sale CALL FOR OFFERS NOV 1st (New Mexico) #1535

Unique opportunity to acquire a completely vertically integrated portfolio that can make every product currently on the market. The portfolio consists of 21 dispensaries, 13 of which are operational, a manufacturing facility and a cultivation site. Having a portfolio of multiple Dispensary locations is valuable because it allows businesses to increase their customer base by reaching a wider audience. With multiple locations, businesses could serve customers in different regions, which helps to establish brand recognition and loyalty. Additionally, having multiple locations could help businesses to mitigate risks associated with the cannabis industry, such as regulatory changes or supply chain disruptions. If one location is impacted by these issues, businesses could rely on their other locations to continue operating. Aside from these assets the owner also has a licensing deal, generating additional revenues for the business representing a greater value!

The benefit of having their own Manufacturing & Cultivation licenses means that they can lower their expenses and increase their margins. Additionally, operating in multiple locations could help businesses to diversify their revenue streams, which could help to reduce their dependence on any one market or product. Overall, having a portfolio of multiple locations is a valuable strategy for cannabis businesses looking to grow and succeed in the industry.

The New Mexico cannabis market is in high demand due to various reasons. The state legalized recreational cannabis in 2021, which has opened up a new market for cannabis businesses. Additionally, New Mexico has a large population of medical cannabis patients, which has created a strong demand for medical cannabis products. Furthermore, New Mexico’s proximity to other states where cannabis is not legalized, such as Texas, has led to an influx of out-of-state customers looking to purchase cannabis products.

Details:

Dispensaries: 21 (18 Open & 3 Closed)
Cultivation Site: 15k SqFt of Greenhouse Bays
Manufacturing Site
2023 Total Income: $14M
Additional Licensing Deal Included

Licenses:

Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
Cultivation- Growing Cannabis
Manufacturing:Infusion mixes cannabis extract or plant material with other ingredients to make a cannabis product. Make cannabis products through infusion; Package and label cannabis.

Asking Price: Call For Offers due by November 1st, 2024

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

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

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