Cannabis Cultivation Business
- Currently operating, OLCC Tier 1 cultivation and wholesale licenses
- Lease assumption (3 years, plus a 5-year option)
- 8,845 square foot warehouse, plus 774 square foot apartment
- Sale includes all equipment
The business is located in the west Eugene industrial market. According to county records it is a total of 9,619 square feet (“SF”) - divided into four interconnected bays equaling 8,845 SF and an attached apartment unit equalling 774 SF. The bays are divided into 12 separate flowering rooms, offering 4,700 SF of flowering canopy. Each room has 8 lights for a total of 96 Gaveta grow lights. There are four 200 amp 3-phase power panels. The building is supplied by 55 tons of HVAC.
The clone and vegetation areas cover approximately 2,500 SF. These areas are lighted with 35 T-5 lights. The remaining square footage is laid out with two offices, maintenance and tool room, four preparation and production areas, which include three large commercial aluminum wash station. The building has a small kitchen area and restrooms.
The proven production history shows each of the 12 flower rooms harvesting five times per year, producing approximately 16 lbs per room, per harvest, for an annual total of 960 lbs, not including trim.
Currently, the business is cultivating 6-10 top shelf strains. New strains created by the master gardeners are in development at all times. Products are marketed through the wholesale license and through other wholesale distributors under the name of Multi Top Farms.
The business is in the second year of a 5-year lease with an option to renew for an additional 5-years. The lease rate for the warehouse is $9,100 per month, on a gross basis. The apartment rent is $700 per month.
There are 5 full-time employees who could be retained to assist in operations.
The sale does not include current planted or harvested inventory. Inventory could be additionally purchased outside of escrow.