CannaMLS ID: 260100
Created | Updated
Price
$ 250,000
For Sale: 50% ownership and controlling stake in a type 6 Manufacturing license. New owner decides how to run the company and what products to make. New o
Address: East 12th street
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Industrial
Monthly lease rate: $ 3,000
Building size (sq ft): 1,500
For Sale: 50% ownership and controlling stake in a type 6 Manufacturing license. New owner decides how to run the company and what products to make. New owner becomes CEO and Chairman.
Type 6 Mfg. License
Oakland permit card signed - all signatures
MetRC credentialed and operational
Lease in Place
Company is part of the Oakland Equity Program - New owner can write the new operating agreement how they like as long as the equity participant holds 50% equity. Company currently has 2+ years of free rent left with agreements to extend lease at a fixed rate after the end of the term.
Company has developed equipment to aerosolize distillate in a controlled fashion to coat flower, or pre-rolls, cost effectively
Company has a dry ice kief tumbler which enables a kief product line
Company has a cannabis steam terpene distillation unit which enables a vape pen product line
Company has glass tip pre-roll design
Company has labeling & packaging equipment
Company has business relationships with local testing facilities
Company has business relationships with large indoor grows
Company has 50 amps 480v power with agreement to get additional 50 amps of 480v - Installed room electrical sized for 100 amp 480v currently
Company has started the process of obtaining a distro license and has a pathway to get a MetRC terminal for the distro
Company had CDPH inspection in June 21
Company just had Weighmaster scale certification in July 21
Building has electrified fence and 24/7 security
Company is in a building that has active cultivation
Company has secure drive in covered loading and unloading area.
Company is locally zoned for type 7 operations if new owner wanted that.
Possible room for expansion in other parts of the same building.
Company has provisional license, but with permit card signed now, we are working towards full annual license.
Owners willing to assist in handoff to new owners to ensure smooth transition.
Company has accountant and is current with local, state, and federal taxes
Company selling 50% because owners are retiring and moving out of state.
All plans and procedures in place per local and state requirements
Great opportunity to take our existing products and combine with your products to enlarge your portfolio.
Everything has been done to shorten the time it takes to get your brand to the market. An active MetRC terminal today literally means your products tomorrow.
Nothing says you can't change the license type to whatever you want.
Excellent opportunity to get into the cannabis space with minimal investment and outlay.
Cannabis is high risk and you want to control front end costs. Being able to operate immediately with local permit inspection completed is a big thing. Not everybody has that.
Building owner open to extending lease to new owners. Space is located inside a 150,000 square foot facility housing nothing but cannabis companies. Building itself underwent multi million dollar renovation. Old building on the outside, everything new on the inside. Very impressive building.
Address: East 12th street
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Industrial
Monthly lease rate: $ 3,000
Building size (sq ft): 1,500