Long Beach Cannabis Manufacturing Type 7 & Distribution Type 11 Licenses

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Attached:
No
Property Is Movable:
No
Property Is Included:
No
Has Buy-in Option:
No
Is Built Out:
No
Has Room For Expansion:
No
Operations Are Needed:
No

Seller currently has city licenses in hand and has applied for state licensing for Manufacturing Type 7 & Distribution Type 11. The building is located in a very desirable portion of Long Beach and has easy access to the freeway. The rent has been paid though November of this year which represents an even greater value! 

Details:

Manufacturing Type 7 & Distribution Type 11 licenses

Rent paid through November 2019 !

Lease: $1.90/sqft

Space: 4500 sqft

Power: 600 amps

Non-operational–Needs interior build-out

MEP plans have been submitted

Licenses:

Type 7 – Manufacturer 2: Can conduct extractions using volatile solvents (ex: butane, hexane, pentane) or mechanical methods on the licensed premises provided that the extraction process is noted on the application form and the relevant information is provided to the Department pursuant to subsection (b) of Section 40128. Can conduct packaging and labeling of cannabis products on the licensed premises

Type 11 – Distributor: Distributor licensees are responsible for transporting cannabis goods, arranging for testing of cannabis goods, and conducting quality assurance review of cannabis goods to ensure they comply with all the packaging and labeling requirements. Distributor transport licenses allow for the transport of cannabis goods between licensed cultivators, manufacturers, and distributors.

 

Asking Price: $1,550,000.00

 

Price: $1,550,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Long Beach , California 90712

Recreational: Yes
Medicinal: Yes

Listing Type

  • Manufacturer/processor/extraction
  • Distribution