A rare opportunity to acquire a fully operational PRE-ICO cannabis retail dispensary and delivery business located in Los Angeles, California. The business operates out of a 1,280 sq. ft. space with a long-term 10-year lease and a 5-year option, at $7,500/month (negotiable) + NNN. The facility includes 6 dedicated parking spaces, 3 clone rooms, and a Produce420 POS system. Current staff consists of 4-6 employees, and inventory valued at $20,000 is included in the sale.

The business is still in growth mode, however the Seller has other NON cannabis businesses and doesn’t have time for the business. The Business is on pace to generate approximately $700K in revenue for 2025, with strong opportunities to scale delivery services and product offerings. PRE-ICO licenses remain among the most valuable in California due to their grandfathered regulatory advantages and operational flexibility.

Los Angeles continues to be one of the nation’s strongest and most dynamic cannabis markets, with high consumer demand, steady tourism, and strong brand recognition opportunities. This turnkey business provides the next operator with a compliant, established retail and delivery platform in the heart of California’s cannabis industry.

Revenue’s:

2025: On Pace To Do $315k
Seller has invested over 500K in the buildout and getting the Business Operational
Seller of the Business is also the landlord of the business and does not know the cannabis industry. This was his first ever cannabis venture.

Details:

Total Space: 1,280 Sq Ft
Rent: $7,500 + NNN (Negotiable)
Lease: 10 Years With 5 Year Option
Employees: 4-6
Parking: 6 Spaces
POS: Produce420
Inventory: $20K
PRE-ICO License

Licenses:

Retail Storefront – Facility where cannabis, cannabis products, or devices for the use of cannabis or cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
Non-Storefront Retail Delivery – Off-Premises Sales, Direct-To-Consumer
PRE-ICO – Medical marijuana dispensaries that were open before September 14, 2007, when the Medical Marijuana Interim Control Ordinance (ICO) went into effect.

Asking Price: $349,000 (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

Drew Mathews, DRE LIC CA# 02091143

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

Or Email : ceo@glbgroupinc.com

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