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Turn-key opportunity for Vertically Integrated cannabis operation with all licenses

60 Willow Springs Rd, Truth or Consequences, NM, USA
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  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 591634

Posted on July 11, 2023 View Count 170

Price For Sale:
$1,300,000
License Type:
Medical & Recreational
Lot Size:
2 Acres
Terms of Sale:
Cash
Company Name:
Cuchillo Greens
Phone:
4695447354
Email:
simon.holguin@cuchillogreens.com
Description :

Turn-key opportunity to own a debt-free vertically integrated cannabis company in the hot New Mexico market. With active Production, manufacturing, and retail sale licenses this company is well positioned for an independent owner market entry or to expand a portfolio’s retail presence and utilize production facilities to support existing dispensaries.

DISPENSARY: Serves Sierra county which includes one of the most visited recreation areas in New Mexico. Tens of thousands of visitors travel from around the state and neighboring Texas, expanding the effective population throughout the spring, summer, and fall. Dispensary is on track for $425,000+ in 2023 revenues and on track for 32% Net income with only 11 full months of 2023 operation. Attractive lease is fixed at less than $12,000 per year.

PRODUCTION: Production facilities producing since the 3rd quarter of 2022 in living, no till soil. 2 acres Centrally located in Sierra county with attractive lease terms, 6,000 square feet of year-round greenhouse facilities, 1,200 sqft dry and cure facility, 1.25 acres available for field production facilities.  Estimated $375,000+ in 2023 revenues. Opportunities exist to increase sales by more than $20k per month with dedicated sales personnel. The owner is the only current sales representative.

Sale includes ~$100k in ready to sell inventory, ~120lb greenhouse harvest 7’23, ~100lb harvest 8’23,~1,000 field plants for September harvest. Inventory is premium grade 19-27% THC content with complex terpene profiles.

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