Extraordinary opportunity to acquire a Built-out Cannabis Indoor Cultivation & Distribution with local approvals in Clearlake, California. The business is currently non operational but ready to begin operations as soon as the new owner finalizes the state licensing. The current owner has already invested $2M into the buildout, licensing, etc making it a state of the art facility, prime for production. The owner has secured a lease with a 5YR w/ 3YR option. The new owner could reap all the benefits of this fully turnkey indoor cultivation business and have room to grow in the ever expanding California Cannabis Industry.

This is a great opportunity for someone who is looking to expand their cannabis cultivation footprint in the Lake County Cannabis Market, while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry.

Details: 

Space: 4,500 Sq Ft (Cultivation Space 4,000 Sq Ft / Distribution 500 Sq Ft)
Rent: $8,500/ month
Lease Terms: (2) 5 Yr Options
Lights: 110 HPS Lights
Ceiling Height: 20’
Power: 1200 AMPs
Capital Invested: $2M 

License: 

Cultivation: Growing cannabis up to 10,000 SqFt Canopy Size
Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors. 

Asking Price: $799k (Seller Open to Offers with $480k Down!!!)

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

Yesenia Jimenez, DRE CA LIC# 02073168

If you have any questions call Yesenia (858) 633-3013

Email: asm@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.