Opportunity to acquire an active, co-located cannabis cultivation and production operation in North Las Vegas through a court-supervised receivership sale. The approximately 18,000 sq ft facility has automated drip irrigation, HPS and LED grow lighting, environmental climate control, a propagation and clone area, and dedicated processing and trim space. The real estate is available as a separate, optional purchase for $4,500,000.

The CCB restriction that halted production has been resolved, and the facility has completed its first post-restriction harvest. Revenue for January through June 2026 was $1,374,155, exceeding full-year 2025 revenue of $1,122,285. Rent-adjusted gross profit for the January through June period was $340,304. Three-year average annual revenue is $1,260,173.

The sale includes a Rad Source RS 420 XL x-ray irradiation system, along with FF&E, in-process harvest at closing, trade names, SOPs, and Metrc data. The licenses, assets, equipment, and inventory are offered AS IS, WHERE IS.

Opportunity Details

Location: North Las Vegas, Nevada
Facility: Approximately 18,000 sq ft
Licenses: Active cultivation and production licenses at the same site
Status: Actively growing; first post-restriction harvest completed
Infrastructure: Automated drip irrigation, HPS and LED lighting, climate control, propagation and clone area, and processing and trim space
Equipment: Rad Source RS 420 XL x-ray irradiation system included
Real estate: Optional purchase for $4,500,000
License bid floor: Open
Consideration: All cash; no seller financing
Good faith deposits: $250,000 for the licenses, plus $100,000 if bidding on the real estate
Reason for sale: Court-appointed receivership
Licenses

Cultivation: Authorizes cultivation, harvesting, drying, curing, and packaging of cannabis for transfer and sale to licensed Nevada establishments, subject to applicable approvals.
Production / Extraction: Authorizes manufacturing, extraction, infusion, packaging, and labeling of cannabis products and concentrates for sale through licensed Nevada dispensaries.
Amended Auction Dates — Subject to Court Approval

Bid deadline: Tuesday, October 13, 2026, at 5:00 p.m. Pacific Time. To participate, bidders must register and prequalify on Cobra and submit a completed Bid Form and applicable refundable good faith deposit(s) by this deadline.
Qualified bidders notified: By Friday, October 16, 2026.
Virtual auction: Tuesday, October 20, 2026, from 8:00 a.m. to 3:00 p.m. Pacific Time, conducted by United AMS via Cobra.
Successful bidder deadline: Tuesday, November 3, 2026, at 4:00 p.m. Pacific Time, within ten business days of the auction’s close.
Receiver’s motion to approve the sale and backup bid(s): To be filed no later than Thursday, November 5, 2026.
Sale approval hearing: To be rescheduled by the Court from October 29 to a date between November 9 and November 20, 2026; exact date to be determined.
Amended Successful Bidder Terms — Subject to Court Approval

By 4:00 p.m. Pacific Time on November 3, 2026, the successful bidder must:

Provide a fully executed Asset Purchase Agreement for the cannabis license(s) and related assets in the form provided in the Bidding Procedures; and
Wire sufficient funds to the Designated Account to bring the total paid, including the License Good Faith Deposit, to 15% of the successful bid.
The remaining 85% is due by wire transfer to the Designated Account within two business days of the Nevada Cannabis Compliance Board’s approval of the Transfer of Interest (TOI).

Qualified bidders may continue due diligence through the auction date, including coordinating site visits and requesting Q&A sessions with the Receiver and/or Seller. Due diligence requests can be submitted through the auction platform.

All dates and terms are subject to Court approval. Registrants will be notified of any Court-approved changes. 

Asking Price: Auction Must Qualify to participate by October 13th, If you have any questions, Call Drew at (619) 653-0483

Must sign an NDA/Waiver 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

Samuel Baird DRE LIC NV #0146087

Drew Mathews, DRE LIC CA# 02091143

If you have any questions, Call Drew at (619) 653-0483

Email: ceo@glbgroupinc.com

Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business.

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This listing is represented by (Local Broker) via the Green Life Business Group® National Affiliate Program.

Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc. Green Life Business Group®, Inc has not independently verified or confirmed the accuracy, completeness, or reliability of any such information and makes no representation or warranty, express or implied, regarding it. Any party relying on the description or other listing information should conduct its own independent due diligence and verification.