Posted on January 26, 2022 / 146Listing ID: 337554APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $400,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : 619-972-5952

Amazing opportunity to acquire a Turn-Key Cannabis MicroBusiness that includes Manufacturing, Distribution, and Delivery Retail Business, located in the desired Central and Northern California Market!  The Business is not limited to making deliveries just in Solano County, one can make deliveries as far as logistically possibly within the State of California.  The business is currently fully operational and is ready for a new owner running on auto-pilot.  Facility is licensed both at the local and state level. All of the build out and compliance inspections are completed, the owner has approval from the fire chief, both local and state licenses in hand, all can be verified during due diligence.  The business currently distributes flowers it produces on a separate licensed premise in Calaveras County, and has launched the delivery component in the Fall of 2021, thus adding potential for increased revenues through delivery sales. The simplicity of home delivery provides the convenience that many consumers and patients appreciate with the benefit of quality cannabis products. 

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.

Solano County Details: 

  • Space: 2,230 SqFt 
  • Rent: $1.15-$1.75 in April. $2.25 April 2023 w/ 5 Yr Option
  • Distro Gross: $500K 2021
  • Delivery Gross: $5K 2021 
  • Micro Gross: $505K
  • Provisional State License with DCC review for Annual License underway.

Licenses:

  • Microbusiness
    • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
    • Distribution- Distribution of cannabis products from microbusiness to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors. 
    • Manufacturing Type 6: 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:  $500,000.00 (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

Tom Milks, DRE LIC CA# 02064305

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

Or Email : tom@glbgroupinc.com

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