Large Oklahoma Cannabis Cultivation Facility with Dispensary

CannaMLS ID: 5002
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Pricing Details

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

Property Details

Property Is Leased:
No
Real Estate Is Included:
Yes
Has Buy-in Option:
No
Facility Is Built Out:
Yes
Has Room For Expansion:
Yes
Operations Are Needed:
No

Extremely well designed and conceived, fully vertical, state-of-the-art, licensed Cannabis facility.  The location includes an operating dispensary and an indoor grow cultivation facility (partly operational and partly under construction).  It is a fully enclosed 28,000 square-foot "expandable" location.  The facility is in the final stages of construction with an emphasis on quality and labor saving designs throughout.  The indoor grow area consists of a nursery, two separate vegetation rooms and 18 individual flower rooms.  Each grow room is designed and built with separate, redundant, total climate controls and real-time web access monitoring.  This design mitigates most of the risks associated with indoor farming, allowing for ideal climate control, monitoring and even a back-up generator to keep your investment safe.  The facility design also has drying, packaging and shipping areas, and a reverse osmosis water system capable of producing 4,500 gallons of pure water a day; along with underground piping to each room, from one central watering area, reducing a significant labor cost.  The location also has full support offices and a locker room for the staff. The nursery and vegetation rooms are operational and currently have 14 high yielding strains/genetics started, and the on-site dispensary is operational and revenue generating. The entire support system, vegetation rooms, and the nursery are complete. 9 flower rooms are operating and the remaining 9 flower rooms are expected to be operating during the second quarter of 2021. The site is expected to produce between 6000 and 10,000 pounds of high-quality medical marijuana each year.  At current wholesale prices that is between $12.6 million and $21 million in gross revenue for cultivation operations, the first year alone. This is a sale of the ongoing licensed business.  Seller is open to a sale or lease of the real estate, and a creditworthy Buyer note for part of the purchase price.

Power is 2500 Amps, 480 volts.  Three 1000 gallon water and nutrient mixing tanks. Reverse osmosis system to purify water.  Pest control at the borders of the facility. Green lighting throughout. Two 25 ton A/C units above each flower room, for redundancy. Ultraviolet disinfection lights in all HVAC units.  De-humidifiers in all flower rooms.  Full facility back up natural gas generator. Ample parking. Excellent location with the ability to add another 58,000 square feet to the existing structure. Seller also has design plans for manufacturing.

The 2020 market estimate for medical marijuana in Oklahoma, according to the Oklahoma Tax Commission, is projected to be over $500 million.  This state-of-the-art facility's production capabilities allow for multiple opportunities in wholesale distribution to (a) distributors for resale, (b) individual processors, (c) high volume dispensaries and processors, (d) chain dispensaries and (e) boutique dispensaries. This unique opportunity may not be around for long.  Seize the the opportunity to enter the cannabis industry without  significant investment in time and research devoted to licensing, genetics and construction. NDA and POF required.

 

Price: $16,589,000

Listing Status: For Sale

Details

Date Listed For Sale: 4/6/2020
License Type: Cultivation, Dispensary, Manufacturing

Location: Oklahoma City, Oklahoma 73108

Medicinal: Yes

Listing Type

  • Cultivation
  • Manufacturing
  • Dispensary
  • Real Estate



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