Central Mass Recreational Marijuana Retail, Cultivation, and Manufacturing for sale for $25,000,000 net/firm number with a January 2022 purchase. Please, only those buyers who can execute on this timeline please reach out. Reach the state maximum of 100,000 sq ft of canopy with indoor/outdoor cultivation, with a retail store and manufacturing site.
In February 2022, 50,000 plants will be started to be prepared to be planted in May 2022 (100,000 sq ft canopy of outdoor) producing 6,000-9,000 pounds in July 2022 followed by a second harvest in Sept/Oct 2022 of 6,000-9,000 pounds. The site also has an indoor provisional license/HCA for Tier 3 (10,000-20,000 sq ft canopy). At $1,000 a pound, that is an estimated $12,000,000 – $18,000,000 in revenue from the outdoor harvest for 2022. In addition, there is a Retail Store and Manufacturing Provisional Licenses/HCAs. The inside of the buildings have been built out over the last year. The Outdoor Cultivation Licenses will be awarded Final license status at the 9/16/21 Cannabis Control Meeting. One small greenhouse (30’x72′) will have plants started after the 9/16/21 meeting making the facility operational next month. Both outdoor grow parcels are next to each other and under two different entities. The purchaser can leave separate or combine into one licensed entity during the ownership/name change Cannabis Control Commission process.
The municipality requires 90 day notification before the sale. Our January 2022 sale is firm with a notice to the town by the end of September 2021. The reason for January 2022 is Federal Income Taxes and also the fact that if we wait till spring, it would then make sense for us to hold off on the sale and keep the first years harvest of $12-$18 million in revenue later in the year. email: info (at) royalstonfarm.com