High Production Cultivation Facility

CannaMLS ID: 6547
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Price: $5,000,000


Listing Details


Listing Category
Cultivation
Distribution

License Status
Conditional use permit granted
Provisional license granted
Municipal / local license granted
State / annual license granted

Medical
YES

Adult Use
YES

Price: $5,000,000

Listing Status: For Sale

148,00 sq ft Mixed-Light Cultivation facility

  • Upgraded in 2021;
  • 88,000 sq. ft. Flower;
  • 60,000 sq. ft. Nursery;
  • 8 Acres;
  • 11 Licenses;
  • A fully-automated, modern cultivation facility with 1600 flower lights, 500 nursery lights, power upgrade, reverse osmosis fertigation system and shared water well; 
  • Renegotiated lease in 2022;.
  • Room to build additional 30,000 sq. ft. greenhouse on existing lease;
  • 13 adjoining acres available for lease;
  • Cost of production is $350 - $400 per pound of flower;
  • Peak production in 2021 was 2,300 lbs./month;
  • Annual average production is 1500 lbs/month;
  • Nursery operation currently supplies production and can generate up to $2 million annual revenue;
  • History of consistent, quality production and loyal customer base;

Delivered turnkey. We will sell outright to buyer or partner with well-qualified Operator.

Must sign an NDA and provide Proof of Funds of $2MM minimum before any other detailed information is released. Seller Financing Available.


Listing Details

Listing Status
For Sale

Location
Monterey County, California 93908

Date Listed For Sale:
4/4/2022

Date Last Updated:
4/26/2022

Generating Revenue:
YES

Operational:
YES

Property Details

Lot Size (acres)
8 acres

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$5,000,000

Seller Financing Available?
YES

Lease Terms:

Recently renegotiated 5 year lease at market rates. 2-5 year extensions.


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