Recreational Cannabis Expantion Partner! MAINE

CannaMLS ID: 2000
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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$1,200,000
Ownership Percentage:
49 %

Property Details

Property Is Leased:
Yes
License Is Movable:
Yes
Has Buy-in Option:
Yes
Has Room For Expansion:
Yes

Business Description

49% for sale of an established cannabis company. Details upon qualified vetted investors.

Price - $1.2 M for 49% secures your investment in all current operations. All additional costs to expand into Recreational, 3 maximum locations and additional Medical Caregiver locations. Funds to be generated from current cash flow and additional investment based upon 51% / 49%.

Retail:

-Licensed Maine Medical Caregiver Storefront Fifteen Hundred (1,500) sq’ ft.

-Landlord currently has plans to expand the storefront for a Recreational license.

Location with high traffic counts on scenic Maine Highway 302. Near Sebago Lake with One Hundred Sixty-Five Thousand (165,000) visitors annually. Visitors account for more than ten (10%) percent of the current population of Maine.

Additional Information:

Our Current Medical Caregiver clients – Market penetration approximately 30% [1] of all caregiver’s licenses authorized in Cumberland County.

Total Projected Recreational revenue – Maine projection 2020 - $158.0 M

Total population of Maine – 1.34 M[2]

[1] Based on Office of Maine Marijuana Report 2018. Percentages adjusted for new 2019 licenses.

[2] State Report- Office of Maine Marijuana Report 2018

Price: $1,200,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Maine 04071

Recreational: Yes
Medicinal: Yes

Listing Type

  • Dispensary