Posted on September 23, 2021 / 24Listing ID: 283925GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $495,000
Status : ACTIVE
License Can Be Moved to Another Location : Yes
License Type : Recreational, Medical
Sale Type : Cash
Company Name : WeCann
Phone : 626-784-5381

Attain a Retail Storefront (RSF) license in Los Angeles’ famed social equity (SE) program, for less than $500,000! Currently the license is non-operational, and the buyer would have to secure real estate, complete licensing and buildout. This is a unique situation where you can relocate the license to any eligible property within the Community Plan Area (CPA) of Southeast Los Angeles. The owner is selling 40% of the interest in the license for $495,000, as is (Option A). However, the owner is also able to provide a turnkey operation (Option B). For Option B, the seller would secure the real estate, complete entitlement/buildout, and value 40% of the license at $1,600,000. This is a great opportunity to secure a City of Los Angeles RSF license with a reasonable social equity partner, and partners who bring additional value.

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Cannabis & Hemp Banking
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