Posted on December 10, 2021 / 196Listing ID: 312853APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $650,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : 619-770-2699

Great opportunity to acquire a Turn-Key Manufacturing Type 7 business in Palm Desert California. Owner has both local and state approval for Manufacturing Type 7 and a new operator could be operational within 30-60 days. Manufacturing Type 7, known as Volatile extraction licenses are difficult to obtain due to so many cities restricting its use, however Volatile extraction is the most efficient and speedy way of extracting cannabis. The facility is also zoned for Distribution adding a greater value. Strategically located in Palm Desert, a new operator may take advantage of servicing the greater surrounding markets in Southern California.

Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.

Details: 

  • Space: 10,400 SqFt (4 Units)
  • Rent: $26k/Month
  • Lease: 10 YR w/ (2) Options
  • Roll-Up Doors: 3
  • Vehicles Included: 3

Licenses:

  • Manufacturing Type 7 Volatile- With a Type 7 you can register your location for shared-use. Non-Volatile: Extraction using a mechanical method or non-volatile solvents such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter
  • Distribution Type 11- Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.

Asking Price: $650,000.00 (Seller Open To Offers)

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

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot 619-770-2699

Email: elliot@glbgroupinc.com

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