California

$1,999,000

Well Located and Brand New Mendocino County CA Cannabis Dispensary

Mendocino County, CA

Established: 2021

Business Description:

Brand new Cannabis dispensary under construction in a great location in Mendocino County. Will benefit from strong tourism to the area, which has many notable vineyards, historic and natural attractions and cannabis tours. Estimated revenue for first year is projected at over $1.6 million by experienced owner/builder. Delivery license included. NDA and POF required.

Detailed Information:

  • Location:

    Mendocino County, CA

  • Facilities:

    Can lease the facility at $2sq ft NNN or purchase the land for an extra $1 million. 7984 sq. ft. lot with 2162 building containing 1850 sq ft of retail space. 8 parking spots in an on site lot and street parking. The build out is estimated to be completed in May 2021. Potential to add a separate consumption lounge.

  • Support & Training:

    Owner available to assist during transition period.

  • Reason for Selling:

    Owner focusing on other businesses.

  • Contact:

    Mark Logomasini – mark@cannabis-brokers.com
    (714) 390-3364

$4,998,000

Operating LA PreICO Phase 1 Dispensary with Cultivation

Los Angeles, CA

Rent: $16,500 / Month

Inventory: $100,000

Established: 2006

Business Description

Operating Phase 1 Retail Dispensary with MICRO license - Cultivation, Distribution and Manufacturing. Benefits from loyal clientele due to long term operating history in the neighborhood. Delivery can be added and cultivation can be expanded. Extremely convenient to freeway a block away. Ample on site street parking. NDA and POF required.

Detailed Information

  • Location:

    Los Angeles, CA

  • Real Estate:

    Leased

  • Building SF:

    4,000

  • Employees:

    5

  • Facilities:

    4000 square feet, includes 1200 square feet of cultivation. Ability to expand the cultivation into adjacent space. Has 2000 Amps and City water. Lease through 2021; buyer can negotiate lease with landlord.

  • Competition:

    Dispensary offers affordable prices to its loyal clientele. It benefits from the closure of illegal dispensaries in the general area. Convenient to the freeway.

  • Growth & Expansion:

    Cultivation can be expanded into adjacent space over time.

  • Support & Training:

    Owner willing to train for a transition period.

  • Reason for Selling:

    Retirement.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$3,999,000

Sacramento Cannabis Delivery Service with Strong Revenue

Sacramento, CA

FF&E: $50,000

Rent: $4,444 / Month

Inventory: $75,000

Established: 2018

Business Description

This Sacramento Cannabis Delivery Service has grown quickly due a strong emphasis on pricing and speed of delivery. The focus on both customer service through its robust dispatch center and consistent marketing to its customer base, have resulted in great success since its launch in 2018. The Company's gross revenue for 2020 was $3 million. Projected net revenue for the same period is high, with the EBIDTA multiple relatively low. NDA and POF required.

Detailed Information

  • Location:

    Sacramento, CA

  • Real Estate:

    Leased

  • Building SF:

    420

  • Lease Expiration:

    3/1/2022

  • Employees:

    16

  • Facilities:

    The delivery service is located in a secure, industrial building with more than enough parking for the 5 vehicles used for delivery. Lease extension can be negotiated. The rent includes a fee for 24/7 security, including a guard. In addition, the owners have a small offsite dispatch office, at $570 per month, which the buyer can choose to keep or not use.

  • Competition:

    The delivery service is well located off a major freeway, with the ability to reach all contiguous population centers in under two hours. Customers appreciate the reliable and prompt delivery, and low pricing and are loyal due to this high service level.

  • Growth & Expansion:

    Customer marketing and advertising can be expanded through the use of online and texting services and bill boards.

  • Support & Training:

    Owners are willing to train the buyer for a transition period.

  • Reason for Selling:

    Owners are changing their career path.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$2,186,000

High Grossing Oakland Cannabis Delivery Service

Oakland, CA

Rent: $2,806 / Month

Inventory: $100,000

Established: 2018

Business Description

Successful Oakland Cannabis Delivery Service, located near the airport and convenient to all freeways. Gross Revenue of $2.24 million for 2020. Seller has strong and growing revenues in a competitive market due to highly targeted marketing based on pricing and emphasis on customer service. A highly trained dispatch team operates with time and cost efficiency. Seller is open to a creditworthy Buyer note, but most of the purchase price must be in cash. Equity component to transaction: Seller pays rent for a distribution business run by Equity applicant until November 2021. NDA and POF required.

Detailed Information

  • Location:

    Oakland, CA

  • Real Estate:

    Leased

  • Building SF:

    400

  • Employees:

    15

  • Facilities:

    Located in a gated and secure facility with 24/7 security. Parking on site. Monthly rent of $2,806.

  • Competition:

    Seller focuses on value based products and consistently markets to its customers through text campaigns offering attractive pricing. Strong vendor relationships help sustain Seller's product offerings. Seller invests heavily in training dispatchers and drivers, as part of its focus on service and operational efficiency. Seller benefits from recent reduction by city of Oakland in the gross receipts tax to 5% Medical, 6.5% Non-Medical for similar grossing cannabis businesses.

  • Growth & Expansion:

    Seller targets under served bay area localities in order to establish a market presence and customer loyalty. This strategy has driven Seller's growth and created anchors for further growth. This geographic reach would well compliment a buyer with other depots or retail locations.

  • Support & Training:

    Owner available to train for transition. Can manage business on a longer term basis at market rates.

  • Reason for Selling:

    Focusing on Other Assets.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$1,199,000

Operating Oakland Cannabis Delivery Service; Strong Brand Following

Oakland, CA

Gross Revenue: $1,800,000

Inventory: $40,000

Established: 2018

Business Description

Well located Non Store-Front Cannabis Delivery Service, next to the airport and close to freeways. Focus on price and service since opening in 2018 has led to strong customer loyalty. Ordering is integrated with POS and text message marketing systems. Day to day business is managed by three highly experienced dispatchers/operational managers. Social equity component to business. Seller is open to a creditworthy Buyer note, but most of the purchase price must be in cash. NDA and POF required.

  • Location:

    Oakland, CA

  • Real Estate:

    Leased

  • Building SF:

    400

  • Lease Expiration:

    5/31/2021

  • Employees:

    12

  • Facilities:

    400 square foot area and no rent until 3/31/20. Buyer can negotiate an extension at market rates. Located next to the airport and near freeways, in a gated complex with 24/7 armed security. Over 15 drivers, who are independent contractors and use their own vehicles and receive orders through dispatch software.

  • Competition:

    Low Oakland Highly favorable city sales tax for equity businesses under $1.5 million of 0.12%. Strong Weed maps ratings. Delivering into Oakland, other parts of Alameda County, San Jose, Tri Valley and Solano County. More than 10,000 customers in business data base for marketing campaigns. Heavy use of texting, google business page and social media to grow customer base.

  • Growth & Expansion:

    Increased demand for delivery of cannabis products during the shelter in place orders had led to increased revenue and new customers. Strong vendor relationships. Strong brand recognition of delivery service name.

  • Support & Training:

    Seller will provide training for the transition. Longer term management available at market rates.

  • Reason for Selling:

    Focusing on another business.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$2,500,000

Sacramento Land w/Cannabis Cultivation CUP for 20,000 Sq Ft of Canopy

Sacramento, CA

Established: 2020

Business Description:

Opportunity to purchase 7.2 acres of land in Sacramento, with CUP and plans for 28,400 Sq Ft Building, with 20,000 Sq Ft of Cannabis Canopy. The remainder of the building is dedicated to offices and product processing areas. Plans include subdividing the parcel into a 3.13 acre parcel for the cultivation building and a 3.99 acre parcel that would not be developed as part of the CUP, but can be developed in the future. Well located, near the airport, with access to freeways. Seller is open to a credit worthy note, but most of the purchase price must be in cash. NDA and POF required.

Detailed Information:

  • Location:

    Sacramento, CA

  • Facilities:

    City Water and National Grid power will be supplied to the site, with power available directly across the street to bring to the site. City has determined project to be CEQA exempt.

  • Support & Training:

    Seller can assist on the transition of the property. Engineer and compliance consultant familiar with the project available to supervise the build out.

  • Reason for Selling:

    Seller focusing on other businesses.

  • Contact:

    Clint Sheer – clint@cannabis-brokers.com
    (518) 321-3708

$400,000

Riverside County CA 5 Acres/ for 100K Sq Ft Cannabis Greenhouses

Riverside County, CA

Business Description:

5 acres of land for purchase in Riverside County, CA, with planning approval pending for up to 100,000 square feet of mixed light greenhouses. Ample water and power to support the cultivation. Attractive cannabis cultivation tax of $3 per sq. ft. Site plans, build-out costs and timing available to qualified purchasers. Build-out will include road and utility improvements and construction of greenhouses. Manufacturing and distribution can also be added. NDA and POF required.

Detailed Information:

  • Location:

    Riverside County, CA

  • Type:

    Vacant Commercial Land

  • Location Description:

    5 acres of land with site plans for 100,000 sq. ft. of mixed light cannabis canopy. Water from an irrigation canal nearby. Power to be supplied by SoCal Edison from lines bordering the property. Ideal location for interstate transportation.

  • Reason for Selling:

    Owner focused on other assets.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$5,499,000

Calaveras County Cannabis Cultivation Gem w/Indoor and Outdoor Options

Calaveras County, CA

Established: 2018

Business Description:

Unique opportunity to acquire 51.64 acres in a cannabis green zone in Calaveras County, California, with a 2400 sq. ft. turn-key, well designed, indoor cultivation facility, built in 2018. The cultivation license can be expanded for up to a total of 10,000 sq. ft. canopy. Design and drawings for a second building housing 8 flower rooms are available. In addition to the second building, a second permit can be acquired, for either an additional 10,000 sq. ft. of indoor cultivation, a half acre of Greenhouse, or one acre of Outdoor Cultivation. The seller is open to a credit worthy note for part of the purchase price but most must be paid in cash. Note, in 2020, the county lifted a 2019 ban on countywide cultivation operations. Local permit can be completed quickly. NDA and POF Required.

Detailed Information:

  • Location:

    Calaveras County, CA

  • Facilities:

    51.64 acres of land and a 2400 sq. ft. building constructed in 2018 for cultivation. 2 flower rooms, 2 vegetation rooms, 1 propagation room, totaling about 1600 square feet of canopy, 1 dry/curating room, irrigation hall and bathroom. 600 amps of power. Each flower room is equipped with 24 Gavita 1000e Pro double ended lights, 12 tons of cooling and heating, a Quest225 dehumidifier, and quality finishings, including rolling in house made racks. The veg, propagation and dry rooms, and irrigation hall, are equally well equipped. Each HVAC unit and all dehumidifiers are piped in together to create a condensate line that is gravity fed back to a condensate pump for later irrigation use; thereby minimizing the need for water deliveries. Adequate Parking on site. A 138 foot well would supply water for outdoor cultivation.

  • Support & Training:

    Sellers available to assist in transition or longer term.

  • Reason for Selling:

    Sellers focusing on other assets.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$5,499,000

New Solano County Cannabis Cultivation Facility with Distribution and Manufacturing Options

Solano County, CA

Established: 2020

Business Description:

Extremely well conceived and built out cannabis cultivation facility, by an experienced grower. 6352 square feet with all provisions made for an additional 2000 square foot second floor. 4 Flower rooms, Vegetation room, Quarantine room, 2 Dry rooms, Security room, Processing room, Manufacturing room, Distribution room, Irrigation area and Garage. Each of the 4 identical flower rooms are equipped with thirty 1000e Pro double ended lights, 20 tons of cooling and heating, 1-SubCooled dehumidifier, 2-12”Vortex fans with 36” carbon filters, 32-16” Hurricane wall fans, 1-Co2 Meter dispenser, 1-CO2 Meter visual and audio Co2 alarm, 4 rolling benches and Green man-lights for entering the rooms during dark hours. The irrigation hall is equipped with 6-GrowPatrol stackable 45 gallon nutrition tanks, 3-500 gallon vertical-ribbed water tanks, 1-200 gallon cone-bottom mix tank, 4-200 gallon cone-bottom Flower room feeding tanks, 2-100 gallon cone-bottom Veg room feeding tanks, 1-55 gallon cone-bottom Quarantine room feeding tank, 1-Hydrologic Automated Reclaimed Condensate System, 1-Little Giant condensate pump and 11-1/2HP Leader water pumps. All the other rooms and areas are similarly robustly designed and equipped. State Provisional License in Process. NDA and POF required.

Detailed Information:

  • Location:

    Solano County, CA

  • Facilities:

    The facility is located in a new building, with the suites occupied by cannabis businesses. Current monthly base rent for 6352 sq. ft is $1.25 sq. ft. and increases over time to $2.25 sq. ft.by expiration in June 2025. Triple net lease with two 5 year extension options. Adequate Parking on site. Two 400 AmpV 3 Phase with a 112KVA step down transformer for all 110 volt outlets. City Water and sewer. The automated irrigation system has the capacity to be a drain to waste or recirculating feeding system. A 25 ton rosin press is the current planned method of extraction in the shop. The Manufacturing room is equipped with 110v outlet receptacles at 5 feet and at 2 feet height on every wall of the room and an independent 208v receptacle to accommodate practically any future layout and electrical requirement for manufacturing expansion needs. The Distribution room is similarly electrically equipped, and can accommodate distribution expansion needs such as digital scales, heat-press for sealing packaged product and servers for Track and Trace compliance.

  • Support & Training:

    Seller available to assist in the transition or longer term.

  • Reason for Selling:

    Seller focusing on other assets.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$2,499,000

4.73 acres SoCal Land in Cannabis Green Zone-Buy or Lease-Local Permits w/Plans

San Bernardino County, CA

Established: 2019

Business Description

Unique opportunity to acquire close to 5 acres of Land, in a Cannabis Green Zone with five cannabis permits for cultivation, manufacturing and distribution, and approved build out plans, in a Southern California green zone. Conceived by operators with decades of cannabis experience. Municipal water is available and the land has been added to the grid by SoCal Edison. Buyer of the permits and plans has the option to negotiate a market rate, long term lease with the Seller, which would reduce the purchase price. A nationally known master grower is available for build-out consultation and oversight of cultivation operations. Special arrangement with a large distributor to distribute harvests. Projections for gross revenues are estimated at in excess of $50 million per year, upon full integration of all licensed operations. NDA and POF required.

Detailed Information

  • Location:

    San Bernardino County, CA

  • Facilities:

    4.73 acres of green zone land, with local permits and building plans for two 30,000 sq ft buildings and one 25,000 sq ft building, for 38,628 sq ft of flower cultivation, including the nurseries; and a 18,500 sq ft building for manufacturing and distribution. Site engineering is complete and environmental impact studies are competed and approved. Site plans and building blueprints completed and preliminarily approved. CUP has been granted. A highly qualified engineer and contractor are ready to begin construction.

  • Support & Training:

    Management can assist in the transition for up to twelve months.

  • Reason for Selling:

    Owners focusing time on other assets

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$2,999,000

Lake County Farm - 80 acres/4 acres for Cannabis grow; Price Reduced

Lake County, CA

Established: 2019

Business Description

Outdoor Grow Land in Cannabis Friendly County w/Perfect Weather. 4 acres of land for cannabis cultivation located in the center of an 80 acre Lake County farm, with beautiful vistas and views of Clear Lake. Property is in the Pre-application phase with the county. NDA and POF required.

Detailed Information

  • Location:

    Lake County, CA

  • Facilities:

    Ample water on site, with a well that can continuously pump an estimated of 50 gallons per minute. Located about a mile off a main road, through a recorded easement. A small amount of leveling work is required, and can be accomplished in a couple days. Tree removal is complete. A generator can easily be used for power needs. There is a temporary structure that can be used for drying and storage until a more permanent structure is built.

  • Support & Training:

    Seller willing to assist in final permitting and licensing process and the initiation of cultivation on the property.

  • Reason for Selling:

    Seller relocating.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$3,499,000

Long Beach State of the Art CO2 Cannabis Processing Facility with Land Included

Long Beach, CA

Real Estate: $2,500,000

FF&E: $1,800,000

Established: 2019

Business Description:

Excellent opportunity to purchase on operating CO2 Cannabis processing facility, the building and the land, in the highly desirable Long Beach green zone. The facility produces Cannabis Distillate, Cannabis Isolate, Cannabis CO2 Crude, Vaporizer Cartridges, Terpene Extraction and Cannabis Pre Rolls & Infused Pre Rolls. New owner can produce its own branded products or white label for third parties. Type 6 NonVolatile License is in place, along with a Type 11 Distribution License, which provides packaging, distribution and transportation services. New reduced 1% gross receipts tax on manufacturing and distribution. NDA and POF required.

Detailed Information:

  • Location:

    Long Beach, CA

  • Real Estate:

    Owned - Included in asking price

  • Building SF:

    2,500

  • Financing:

    Majority of the Purchase Price must be in Cash

  • Employees:

    2

  • Facilities:

    2500 sq. ft. building on a 3250 sq. ft. lot. Power is 800 amps, 240 Volts and there is a gas line to building. City Water and Sewer. Adequate Street Parking. The building is very well equipped with the most expensive models in their tier of offering and all of the items are the highest output in their category, including a APEKS Duplex CO2 extraction system which is capable of extracting 20lbs of material per run. The facility has 2 cryo (-60 & -80 degree) freezers for winterization; a C1D2 filtration hood & a C1D2 booth containing a Heidolph 20L rotary evaporation system. The distillation is accomplished by a 20L BR Instrument short path distillation system & a 10L Salem wiped film extractor. The facility has 2 secure rooms, one for manufacturing and one for distribution. There is RFID access and biometric access. It is fully integrated with high definition video security and remote monitoring available, allowing easy access capable on your phone. It has a secure vestibule for egress/ingress on both the front and rear of the building. This facility is equipped with extensive security commiserate with or exceeding industry standards and guidelines. Also included is a commercial dishwasher with a three compartment sink along with a mop sink and a dump sink. This facility has a very large dehumidifying HVAC system fully interlocked with compliant emergency systems. The building is monitored for Carbon Dioxide, fire, burglary and is also equipped with panic buttons and panic key fobs for associates. It has a spacious office and an excellent workflow design for production.

  • Competition:

    The facility has an industry reputation for producing consistently high quality product.

  • Growth & Expansion:

    The Long Beach location of the facility is conveniently near major Southern California transportation corridors and many cultivation facilities. The facility has the capacity to support expanded production and higher gross revenue.

  • Support & Training:

    Owner will provide a month of support to train the new owner.

  • Reason for Selling:

    Owner focusing on other assets.

  • Contact:

    Clint Sheer – clint@cannabis-brokers.com
    (518) 321-3708

$7,759,000

SoCal State of the Art Butane/Propane Cannabis Manufacturing Facility

Riverside County, CA

Established: 2020

Business Description:

Brand new and well designed approximately 12,000 sq foot building, specifically constructed for cannabis manufacturing. The licensed facility can produce distillate, crude and concentrates, as well as other packaged products, for its own brands or white labeling . Owner will consider a short-term, secured note but most of the purchase price must be paid in cash. The value of building and equipment alone is over $5 million. At the current price of THC distillate, if the facility produced and sold only distillate, the annual gross revenue generated would exceed $4 million. The demand for oil and concentrates has improved, and this facility is well positioned to supply a high quality product to more discerning purchasers. NDA and POF required.

Detailed Information:

  • Location:

    Riverside County, CA

  • Facilities:

    Brand new and well designed building, specifically constructed for cannabis manufacturing. Facility can produce distillate, crude and concentrates, as well as other packaged products, for its own brands or white labeling. Attractive and bright showroom on premises. Second floor of the building can be sublet or used for other purposes. 14 parking spaces on site. 3 phase 120 volts. Painstaking attention to detail and engineering, has produced a model facility with the finest equipment. Extremely attractive interior design and show room elevate the customer sales experience. Conveniently located off a major freeway.

  • Support & Training:

    Highly experienced personnel available to train the buyer and/or stay on and run the facility.

  • Reason for Selling

    Seller must devote more time to other projects.

  • Contact:

    Mark Logomasini – mark@cannabis-brokers.com
    (714) 390-3364

$1,059,000

City of Los Angeles Cannabis Testing Laboratory near Downtown Grows; Seller Financing for 50% of Sale Price

Los Angeles, CA

Established: 2020

Business Description:

Affordable Opportunity to Enter the Cannabis Testing Space. Very well priced opportunity to acquire a City of Los Angeles licensed Cannabis testing laboratory located close to the many cultivation facilities in downtown Los Angeles. Seller financing for 50% of sale price. Facility is in equipment-ready condition. New build-in with more than $300,000 spent on top of the line bench and casework, organized for optimized sample flow and throughput. Utilities, including high purity water and a fume hood, and air handling required for multiple units of all testing instruments, is in place. Facility is set up for easy drop off and processing of test samples. With the appropriate instruments, the lab is capable of performing more than 200 tests/day. Buyer has the option of utilizing Seller's arrangement with a leading instrumentation provider for major equipment at a discounted price. Cost to completion is approximately $900,000 and a state license must be secured. NDA and POF required.

Detailed Information:

  • Location:

    Los Angeles, CA

  • Facilities:

    2300 sq. ft. Seller/Owner will negotiate a 10 year lease with two 5 year options, at market rates. City water and sewer. Power 110/220(work stations). Plenty of street parking.

  • Support & Training:

    Seller is available to assist on local and state license processes and to supervise the completion of the site plans, at market rates.

  • Reason for Selling:

    Seller is focusing on other business activities

  • Contact:

    Mark Logomasini – mark@cannabis-brokers.com
    (714) 390-3364

14,900,000

State of the Art, California Cannabis Testing Laboratory

San Diego County, CA

Established: 2020

Business Description:

Latest Generation Equipment with Accelerated Testing Turnaround Times. This newly licensed Cannabis testing laboratory is equipped with the latest generation Thermo-Fisher uHPLC, ICP-MS, GC-MSMS, and LCMSMS instruments. Validated test methods and SOPs provide significantly accelerated turnaround times on testing. ISO accreditation pending. The laboratory is designed and built for efficient throughput, with duplicate instrumentation for each test required and established processes. High levels of automation in sample preparation and other critical activities increase throughput and minimize technician handling, reducing the potential for human error and the need for repeat testing. Located in San Diego County, close to freeways, for convenient product sample drop off. POF and NDA required.

Detailed Information:

  • Location:

    San Diego County, CA

  • Facilities:

    2800 sq ft with the ability to add another 4800 sq ft. Three years remaining on a NNN $2.80 per sq ft lease, with a five year renewal option.

  • Support & Training:

    Seller will provide training and the lab director can be kept on to facilitate a smooth transition and longer term operations, at the option of the buyer.

  • Reason for Selling:

    Seller focused on other businesses.

  • Contact:

    Clint Sheer – clint@cannabis-brokers.com
    (518) 321-3708

$1,350,000

Growing SoCal Edibles and Pre-Roll Manuf & Distro - Price Reduced

Riverside County, CA

Established: 2020

Business Description:

In operation since January 2020, this Southern California Type 6 Manufacturer and Type 11 Distributor, makes and distributes high-quality Cannabis products including a full line of edibles and pre-rolls. Utilizing state of the art machinery and proven SOPS, the seller’s line of edibles, pre-rolled joints, and blunts, benefits from consistently applied manufacturing and baking methods, ingredients, and quality control processes. Superior labeling, packaging, and shipping. Seller enjoys a growing reputation for high-quality products with demand increasing month after month. The seller is meticulously organized in all aspects of the business and utilizes the latest technology to keep accurate, up to date metrics, including production and sales. Top of the line equipment, including but not limited to a walk-in oven, industrial refrigerator, several freezers, pre-roll machines, and shredders, is included in the purchase. NDA and POF required.

Detailed Information

  • Location:

    Riverside County, CA

  • Facilities:

    2160 sq ft facility encompassing three suites with parking for 10+ spots. 240 Amps with three circuit breakers across the three suites. Two years remaining on the lease with ability to negotiate a long term lease with the landlord. $2.99 sq ft NNN, $6479.07 a month, including waste pick up.

  • Support & Training:

    Seller available to assist in the transition of the business to the buyer.

  • Reason for Selling:

    The seller is focusing on other assets.

  • Contact:

    Clint Sheer – clint@cannabis-brokers.com
    (518) 321-3708

$11,899,000

Lake County Operating Cannabis **SOLD**

Lake County, CA

Gross Revenue: (see below)

Established: 2018

Business Description

Nearly 300 acre farm located in Lake County, with ideal climate and growing conditions for cannabis. Long dry days, coupled with cool mornings and evenings. Currently cultivating 3 acres, but expanding to 5 acres in 2020. Potential to be licensed with the State and County for up to 14 acres of cultivation. 3 separate fully fenced flat pastures of 7.6, 5.9 and 14.8 acres. Well maintained. Profitable farm with projected 2020 gross revenue of up to $6.5 million and strong EBITDA, assuming current wholesale cannabis prices. NDA and POF required.

Detailed Information

  • Location:

    Lake County, CA

  • Real Estate:

    Owned

  • Employees:

    5

  • Facilities:

    The land, with house, insulated barn, processing facility and other structures and equipment, is available for purchase or can be leased from Seller. 900 square foot one story farm house, 1440 sq ft insulated barn; 360 sq ft insulated storage container, 4 other storage units (a 45 Foot shipping container, two 20 foot truck trailers and a detached garage), 5,000 sq ft new processing facility and 3,000 sq ft green house for propagation. 20 acre foot pond and 3 wells; 18,000 gallon water storage tank farm with automatic solar pump. Power provided by generators. All associated farming equipment used to cultivate included. 20 foot wide gravel road on property, accessible from county maintained road.

  • Competition:

    All environmental studies are complete and approved: Biological, Archaeological, CEQA Study, Lake and Stream Bed Alteration Agreement. Low cultivation tax of $1 per sq ft.

  • Growth & Expansion:

    10 year license allows for operation without re submission. Farm growing auto flowers, maximizing yield. SOPs will be provided. Lake County has approved self distribution of flower and pre-rolls, which can be added to licensing.

  • Support & Training:

    Seller is willing to train. Also open to operating the facility for market rate compensation.

  • Reason for Selling:

    Owner transitioning his career path.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$364,000

Oakland Non Storefront Cannabis Delivery Service

Oakland, CA (Alameda County)

Gross Revenue: $250,000

Rent: $1,140 / Month

Inventory: $25,000 (Not Included in Ask)

Established: 2018

Business Description

Located in a secure, cannabis friendly, warehouse facility, with ample parking, this business is less than 5 miles away from the airport. Owned by a LLC with 3 members; one member is a social equity applicant. Additional financial information will be provided to qualified buyers. Seller open to a buyer note for part of the purchase price. NDA and POF required.

Detailed Information

  • Location:

    Oakland, CA (Alameda County)

  • Real Estate:

    Leased

  • Building SF:

    100

  • Lease Expiration:

    12/31/2024

  • Employees:

    3 to 5

  • Facilities:

    100 square foot space in a secure, cannabis friendly, warehouse facility, with parking. Can expand to add another 250 square feet next door, or 500 square feet in the back.

  • Competition:

    Oakland non storefront cannabis delivery licenses, due to Oakland's convenient location and cannabis forward approach to regulation (compared to nearby municipalities), continue to be sought after assets.

  • Growth & Expansion:

    Brand established since 2017. Facility can be expanded. Additional marketing can help unlock the growth potential of this business.

  • Support & Training:

    Owner/Manager available to train.

  • Reason for Selling:

    Owner Manager wants to focus on his other business/profession.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

$1,999,000

Premier Indoor Cultivation Facility in Green Zone **SOLD**

Sacramento, CA

Rent: $2 /Month

Established: 2017

Business Description

Custom indoor cultivation facility, designed by highly experienced growers, who produced top-shelf flower for over a decade. 5,000 sq. ft. of canopy to be allocated to 5 hydroponic flower rooms and 2 veg rooms. Located in a cannabis-exclusive campus, this facility is designed for efficiency, effective environmental control and optimized productivity. Separate air systems will provide maximum protection from cross contamination. Air systems are included in the purchase price and installation will be completed within 3 months of purchase. Other remaining build out items, which can be customized, include hydroponic cultivation, automatic drip systems, lighting, trays/racking and flooring. NDA and POF required.

Detailed Information

  • Location:

    Sacramento, CA

  • Real Estate:

    Leased

  • Building SF:

    8,040

  • Lease Expiration:

    2/28/2023

  • Employees:

    NA

  • Facilities:

    8,040 sq. ft. Building, with 5,000 sq. ft. canopy, allocated to 5 hydroponic flower rooms ready for your preference. Located in a 76,000 sq. ft. cannabis only campus, with fully fenced power gates and 24/7 surveillance, on site security and guard shack. City Water. Power - 500 Amps at 480 Volts. Parking lot and loading dock. Centrally located with easy access to highways 50, 80, 99, Interstate 5. Other tenants in the campus include cannabis manufacturers, packagers and distributors. Land and premises are available for purchase separately.

  • Competition:

    Located in District 6 of the city of Sacramento where cultivation licenses have been capped. Owner holds a Conditional Use Permit (CUP), a Business Operating Permit (BOP), a Temp State License and a Waterboard permit. Applying for State Provisional License.

  • Growth & Expansion:

    Lease has 3 five-year renewals, with increases capped at 3% annually. Estimated projected annual gross revenue for the first year is $5 million. This facility is newly built and ready for the purchaser to pick custom finishes. (Racks, Grow Lights, Watering System, and Flooring). The design of this cultivation gives the option to be a Boutique Show Grow, with viewing windows to each room that blacks out. This facility is a state-of-the-art cannabis cultivation. Being built with the newest technology and highest quality equipment designed for this specific industry. The implementation of this equipment provides remote monitoring, alerts, and automation of operations. This space is ideal for an established brand that wants a place for investors or marketing to view process and product, or a buyer new to the industry. The seller can provide a grow and operations team if needed. The cultivation can be operational 3 months after day of purchase.

  • Support & Training:

    Additional seller consultation and management is available at market rates.

  • Reason for Selling:

    Seller transitioning to project management of cannabis facility construction.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092

Cannabis Business Brokers currently has a number of private, off-market listings (pocket listings) listings through our licensed affiliations.

  • Pocket listing sold:  Phase 1 City of Los Angeles Dispensary.

Contact Karen Muller at 949-280-3092 or at karen@cannabis-brokers.com for additional information.