Listing ID : 425357
Posted on December 8, 2023 2
This is no ordinary business opportunity; it’s the chance to acquire a thriving Manufacturing Type 7 and Distribution cannabis business in Santa Cruz, California. The sellers have meticulously invested over $1.5M into a 3,600 sq ft state-of-the-art facility, ensuring an optimal environment for manufacturing and distribution. This space is predominantly devoted to manufacturing, with additional areas for distribution and administration. Another $350K has been poured into top-notch equipment, underscoring the high value placed on quality and efficiency in this business. The standout feature is the Manufacturing Type 7 license, a volatile extraction license that’s both rare and in high demand. This license, challenging to acquire due to restrictions in many cities, allows for a highly efficient and speedy method of cannabis extraction. This business is positioned at the cutting edge of the nascent extraction market, offering vast potential for growth and the opportunity to secure significant market share. The investment made by the current owners is a testament to their confidence in this venture, and the opportunity it represents for the new owner to build on a solid foundation. The extraction market is in its infancy with huge upside to gain market share.
Space: 3,600 SqFt (80-85% Manufacturing Space, Admin office, & Distro Space)
20×10 Fenced Lot
Full Security System
Recently Started Operations
State of the Art Facility
Buildout Capital Invested: $1.5M
Option to Purchase Real Estate in Addition to Asking Price
Manufacturing Type 7: Allows for all aspects of cannabis manufacturing, including Extraction w/ Volatile Solvents, i.e. LHE/BHO; and everything allowed w/ Type 6, Type N, Type P Manufacturing Licenses.
Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors.
Asking Price: $1,700,000.00 (Seller Open to Offers)
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
Jeff Taylor, DRE LIC CA# 02121244
If you have any questions Call Jeff (619) 218-6575
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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