Listing ID : 882042
Broker ID : 1670
Listed On February 13, 2025 146
Listing Updated July 7, 2025
Turnkey Fully Operational Cannabis AU/MED Cultivation & Manufacturing Business For Sale (Warwick, Rhode Island) #1670
This is an exceptional opportunity to acquire a fully operational hybrid AU/MED cannabis cultivation and manufacturing business in Warwick, Rhode Island. The 5,000 sq. ft. facility is equipped with 70 flowering lights and includes a 500 sq. ft. mezzanine for added space. With a long-term lease in place (with options), the approximate monthly lease cost for the new owner, including NNN and utilities, is $10,000. The business has shown impressive growth with $1.1M in gross revenue and currently holds two licensing deals, offering further potential for expansion.
The business operates with a skilled team of 10 employees, including a head grower, facility manager, founder, and trimmers/packagers. Key employees are committed to staying on, ensuring a smooth transition. The sale includes the lease, license, and existing equipment, making this a turn-key opportunity for a new owner looking to step into an established operation with room to grow. This is a great opportunity for someone who is looking to target a major cannabis market in Rhode Island, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry.
Don’t miss out on this lucrative opportunity to enter the thriving cannabis industry in Rhode Island. Contact us today to learn more!
Revenue:
2024: $1.1M Gross Revenue
Details:
Space: 5,000 Sq Ft
500 Sq Ft Mezzanine
Rent: $10,000/Month
Lease: Long Term Lease W/ Options (Including NNN + Utilities)
Employees: 10 (Head Grower, Facility Manager,Founder, Trimmers/Packagers/Misc Labor)
Lease, License and Existing Equipment Included
Key Employees Will Stay W/ the Business
Lease, License and Existing Equipment Included
Flower Lights: 70
Fully Operational
Limited License Market
Newer Market
Currently has two licensing deals
Licenses:
Class A Medical Cannabis Cultivator (Includes Manufacturing): Class A cultivator licensees may not possess more than two hundred and fifty (250) mature marijuana plants and two hundred and fifty (250) seedlings which must be properly tagged and tracked in accordance with acceptable alternative tagging and tracking under Section 1.7(D). The size of the facility may not exceed 5,000 sq. ft. of “plant touching” floor area
Asking Price: Call For 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
National Affiliate Listings
All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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