Listing ID : 646589
Posted on November 28, 2023 613
Since 2009, This chain has been cultivating, processing, and dispensing connoisseur-quality cannabis products for Denver patients and customers
Assets include 10 total licenses
Two Medical & Two Recreational Dispensary Licenses
Two Medical & Two Recreational Cultivation Licenses
One Medical & One Recreational Processing License
Also has also inked partnerships with:
NUG, popular California cannabis brand, for retail franchising and
Runtz, the nationally renowned cultivator, to produce and sell their
Our existing reputation coupled with the opportunity to introduce two distinguished cannabis brands to the Denver
market represents a unique business venture for existing operators or new entrepreneurs.
Our flagship store on South Broadway is located at the center of Denver’s Green Mile, a premium location for a luxury cannabis brand Averaged $2.38 million in annual retail sales from 2020-2022 This dispensary is currently leased until 12/31/2025
Our Northeast store is co-located with our cultivation facility and extraction lab Averaged $5 million in annual retail sales from 2020-2022
The facility is currently leased for $10/square foot + NNN (property tax, property insurance, and common area maintenance) This location features seven grow rooms totaling 15,000 sqft. Grow rooms are 18-20 feet high enabling double stacked cultivation racks.
Average output ranges between 1,650 – 2,750 pounds of flower and 495 – 825 pounds of trim per year.
Cultivation assets include over $700k of advanced cultivation equipment including nutrient dosing systems,
Luxx LED lights, odor and temperature control technology, and more*
In addition to the dispensary and grow, This location features a full-scale extraction lab that produces a range of luxury concentrate products.
Extraction lab includes over $250k of advanced extraction equipment and furniture including Precision PX1 hydrocarbon extraction systems, Accutemp vacuum ovens, low temperature rosin press, semi-automatic
cartridge filler, and more*
APPROXIMATE DAILY PRODUCTION
1,200 grams of wax/ shatter 600 grams of live resin 200 grams of bubble hash/ live rosin
100 grams of dry sift rosin 3,000-5,000 distillate vape cartridges
NUG is a premier retail cannabis brand based in northern California and soon expanding to Los Angeles
and New Jersey.
Initially starting as a cultivation and manufacturing company, NUG has a full suite of widely recognized branded
products from organic flower and pre-rolls to innovative concentrates, vapes and edibles
Each of NUG’s seven retail stores in northern California averages over $1 million in sales each month, with most
stores averaging between $40 – $60k per day
With over 400 employees, NUG excels in curating unique retail experiences, implementing strategic marketing, and
increasing customer engagement and retention
We has an executed a deal to convert both dispensaries to NUG branded retail stores, cultivate NUG’s proprietary
flower, and produce NUG products for retail sales and wholesale to other dispensaries.
This deal represents a unique opportunity to be the first operator to introduce NUG’s elevated retail
experience and vast product catalogue to the Denver market.
PARTNER OVERVIEW: RUNTZ
In 2017, Runtz entered the cannabis scene in Los Angeles and has since reigned as one of the most recognizable cannabis brands in canna-culture throughout the world.
The Runtz brand is known for making some of the best cannabis strains on the market, and their
proprietary strains are sold in about 90% of California dispensaries
We have an executed deal with Runtz to become the first dispensary in Colorado to grow, sell, and wholesale a full line of their award-winning flower, pre-rolls, and vapes in verifiable Runtz packaging.
There are not many cannabis cultivators with as much of a national following as Runtz, so this deal represents a
major opportunity to introduce Runtz’ innovative brand to Colorado consumers
All 10 vertically integrated and medical and recreational cannabis licenses, fully operational facilities, and brand relationships
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