Cannabis Distribution License For Sale (Long Beach, CA)

CannaMLS ID: 5083
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Price: $249,000


Listing Details


Listing Category
Distribution

License Status
Provisional license granted


Price: $249,000

Listing Status: Sale Pending

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. New owner will have to continue the buildout and licensing process in order to be operational.

Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing, $13.20 per Square Foot under Cultivation &  8% of Gross Receipts for Retail.

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.

 

Asking Price: $249,000.00 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Yesenia Jimenez, DRE CA LIC# 02073168

If you have any questions Call Yesenia (858) 633-3013 

Or Email: asm@glbgroupinc.com


Listing Details

Listing Status
Sale Pending

Location
Long Beach , California 90712

Date Listed For Sale:
4/27/2021

Date Last Updated:
6/28/2021

Property Details

Pricing Details

Listing Price
$249,000

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