CannaMLS ID: 252545
Created | Updated
Price
$ 8,025,000
This is being sold by way of court ordered receivership and is subject to court confirmation. Call For Offers is on June 13th, 2024 Take advantage of a ra
Stock image generated by CannaMLS. Request listing photos from seller.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture
This is being sold by way of court ordered receivership and is subject to court confirmation.
Call For Offers is on June 13th, 2024
Take advantage of a rare opportunity to acquire a premier cannabis cultivation business in the heart of Los Angeles. This offering includes two coveted cultivation licenses, granting access to one of the most lucrative markets in the industry. The main facility boasts 17,000 square feet of leasable space, with approximately 9,200 square feet dedicated to canopy grow space spread across 8 meticulously designed rooms. The facility is fully equipped with 576 flower lights, 96 Veg Lights, and state-of-the-art packaging equipment including an Automated Jar Line and Mylar Bag Packer. Also included are (2) Mercedes Benz Sprinter 2500 Cargo Vans, ensuring efficient transportation of your premium products.
Offered through a court-ordered receivership wherein the lender to the company is currently offering a credit bid of $7.5M, and therefore an overbid of at least 7% is required. Additional assets include trademarks for the renowned “THC Design” name and the innovative Molecule Design. Don’t miss this opportunity to step into a thriving cannabis market with a clean slate.
Assets Included in Sale:
Turnkey Operating Facility
Two City of LA Cultivation Licenses: CCL18-0003646 and CCL18-0003645
Lights: 576 Lights & 96 Veg Lights
Grow Rooms: 8 Rooms with miscellaneous additional equipment
Vehicles: 2 Mercedes Benz Sprinter 2500 Cargo Vans, 2005 Chevy Van, 2017 Ford Transit 250
Accounts Receivable of approximately $2M
Packaging Equipment
Automated Jar Line
Mylar Bag Packer
Trademarks
“THC Design” name
The Molecule Design
Asking Price: $8,025,000.00 (Call For Offers JUNE 13TH)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Eric Espinoza, DRE CA LIC# 02077927
If you have any questions call Eric (858) 245-6324
Email: broker@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Stock image generated by CannaMLS. Request listing photos from seller.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture