Long Beach - Cultivation, Mfg & Distro - Equity &/Or Invest

CannaMLS ID: 5133
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Price: $2,100,000


Listing Details


Listing Category
Cultivation
Manufacturing
Distribution

Medical
YES


Price: $2,100,000

Listing Status: For Sale

Fantastic opportunity with very fair organization while cutting your time to market in half or more.  With less than you need to start a small grow, you'll be partners in a much larger venture, and get security and expertise. Our client needs $2.1 total, which covers rehab ($1.7M) and start up opex ($400k), to gettheir State Licensed Cultivation, Distribution & Small Manufacturing Microbusiness open and cash flowing. These funds can be in form of Line of Credit, used to pay Subs and for Equipment, Loan, Equity or a combination.  Property worth at least $2.5M now, $4.5M+ (excluding cannabis use) after combination of two buildings and creation of an additional 2k sq ft. that has been permitted. Owners are open to active or silent partners, security in the building and company assets are available, including option of taking out the $1.3M first and/or $1M second positions. Harvests will be in Spring/Summer 2022, Distro open prior.  Great access to LA and SoCal markets. 


Listing Details

Listing Status
For Sale

Location
Long Beach, California 90813

Date Listed For Sale:
5/10/2021

Date Last Updated:
5/10/2021

Property Details

Built out / Turnkey
NO

Pricing Details

Listing Price
$2,100,000

Lease Terms:

Building is included in this package and provides lots of investment structure and security options.  2000 additional square feet will be added as a result of this investment, covering almost half of the investment alone. 


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