If you are looking for vertical integration in the most demanded market in the state this is the opportunity. The Buyer will need to find a building in the compliant zone anywhere in the City of Los Angeles to transfer these licenses. The Licenses can be verified on the cities website that has already been approved by both the City and State. This will be a flagship store opportunity for anyone looking to make a mark in the Los Angeles market !
Retail Storefront and Retail Delivery, (Both Uses Medical and Recreational)
Cultivation up to 10,000 sq ft (Both Uses Medical and Recreational)
Manufacturing (Both Uses Medical and Recreational)
Distribution (Both Uses Medical and Recreational)
New operator needs a location to transfer licenses
What is a Micro-Business License?
A micro-business license allows a licensee to engage in the cultivation of cannabis on an area less than 10,000 square feet and to act as a licensed distributor, Level 1 manufacturer (Type 6), and retailer, as specified in an application. In order to hold a micro-business license, a licensee must engage in at least three (3) of the four (4) listed commercial cannabis activities.
Licenses will be required to comply with all rules and regulations, including applicable regulations adopted by the California Department of Food and Agriculture and the California Department of Public Health, governing the activities they are engaged in.
Asking Price: $4,000,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE CA LIC# 02091143
If you have any questions call Drew (619) 653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.