190Listing ID: 248057GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $699,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (619) 972-5952

Fully Turn-Key Cannabis Manufacturing & Distribution business for sale. Owner has both local and state approval for Manufacturing & Distribution in Long Beach, CA. The licenses allow for both Medical and Recreational (Adult-Use). If you are looking for a footprint in Long Beach, that is move in ready and has the capabilities to start operations the following day, this is the opportunity for you. The sale will not include the Brand name only the licenses, security equipment and some misc office equipment. The new owner will have to create a new lease with the landlord, they are open to a long term lease with the right groups.

Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution and Testing.

Details: 

  • Space: 1,200 SqFt
  • Lease: Open to Negotiations
  • Power: 200 Amps Single Phase (Could be Upgraded to 3 Phase)
  • Roll-Up Doors
  • The Sale will not include the brand, book of business, etc. (License only play)

Licenses: 

  • 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 manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).

Asking Price: $699,000.00 (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 LIC CA# 02064305

If you have any questions Call Tom at (619) 972-5952

Or Email : tom@glbgroupinc.com

Contact Listing Owner
Cannabis & Hemp Banking
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