Long Beach Cannabis Distribution License For Sale

CannaMLS ID: 3998
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Pricing Details

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

Property Details

Has Buy-in Option:
No

Owner has Local approval for a Distribution opportunity in the city of Long Beach. The license is allowed for both Medical and Recreational (Adult-Use) for the city of Long Beach. After months of lobbying from local cannabis business owners and operators, Long Beach City Council agreed to lower the tax rates for non-retail cannabis operations in the city. The resulting ordinance will reduce tax rates for distributors, cultivators, manufacturers and lab testing facilities from 6% to 1%.

Details:

Space: 3,648 SqFt

Rent: $5,472/ Month

Lease: 5 YR

License: Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution. A Type 11 licensee shall not hold a license in a cultivation, manufacturing, dispensing, or testing license category and shall not own, or have an ownership interest in, a facility licensed in those categories other than a security interest, lien, or encumbrance on property that is used by a licensee. A Type 11 licensee shall be bonded and insured at a minimum level established by the licensing authority.

Price: $249,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Long Beach, California 90712

Medicinal: Yes

Listing Type

  • Cultivation
  • Manufacturing
  • Distribution