Acquire a trusted, top-rated New Jersey cannabis brand: three licensed stores across Bergen, Somerset and Essex Counties, run as one brand with one loyalty program. This opportunity combines 2 operating adult-use dispensaries with a fully built and equipped third location positioned for launch, giving a buyer an existing operating foundation and room to grow. The Somerset County dispensary brings an established customer base, $4.06M of net sales in its first full year, a 4.9-star average rating, a 14,000+ member loyalty program and a broad product selection. The newly built Bergen County dispensary adds early customer traction, with weekly sales up 31% in its first full month, established operating systems and a 10-year lease. Both operating stores feature on-site parking, curbside pickup, and delivery capabilities.

The Essex County location offers a completed retail buildout with fixtures, displays, operating equipment, and security infrastructure already installed. The location is approved to open as a satellite under the Somerset County license, with municipal approval in place. This pre-revenue location provides an opportunity to open a third store with the development work already completed.

For an existing operator, the portfolio offers an opportunity to expand across three New Jersey counties. For a new market entrant, it provides 2 operating businesses and a 3rd retail asset without starting each location from scratch. The sellers will support the licensing process and ownership transition.

Investment Highlights:

Scarce licenses: Only about 28% of New Jersey municipalities allow cannabis retail
Room to grow: The two licenses support up to six locations, leaving room for three more satellite stores, subject to municipal and CRC approval
Turnkey team: A Director of Retail Operations and store managers with about two years of average tenure run the stores day to day; the owners handle only banking and taxes
Loyal customers: 14,000+ loyalty members generate about 94% of customer revenue
Costs already reset: Product cost cut from about 51% to under 45% of gross sales in 2026, with no new capital
Market tailwind: Since April 2026, hemp THC products above 0.4 mg per container can be sold only through licensed dispensaries
Brand Reach and Loyalty:

One brand across all three stores, with a shared website, loyalty program and delivery network
Nearly 1,500 customer reviews averaging 4.9 stars on Google, Leafly and Weedmaps
14,000+ loyalty members, adding about 90 new members a week; members spend about 4.6 times as much as non-members
Same-day delivery across much of North and Central New Jersey
A local-search website with 140+ pages that wins customers in a market where cannabis retailers cannot buy Google or Meta ads
A community-first identity: local growers, community events and judgment-free education
Available as a complete 3 store portfolio or through 2 separate offerings: the Bergen County dispensary individually, and the Somerset and Essex County assets together. Offers for the full portfolio are preferred.

Transactions are offered on a cash-free, debt-free basis with a normal level of working capital.

Asset 1 — Operating Bergen County Dispensary

Space: Approximately 3,400 SqFt
Rent: $17,000/Month
Lease: 10 Years
One of a limited number of adult-use licenses in its municipality
Newly built adult-use dispensary; weekly sales up 31% in its first full month
On-site parking and dedicated curbside pickup
Same-day delivery capabilities
Steps from a highway corridor carrying about 104,000 vehicles a day
4.9-star rating since opening
License supports up to two more satellite locations, subject to approvals
Store fixtures, displays, POS hardware, and saleable inventory at closing
Written operating procedures and seller transition support
Asset 2 — Operating Somerset County Dispensary

Space: Approximately 5,500 SqFt
Rent: Approximately $6,800/Month + CAM & Taxes
Lease: Term to February 2028, with Renewal Options
Net Sales: $4.06M in First Full Year (2024) 
Established adult-use cannabis retail operation
Existing customer base; loyalty members generate about 94% of customer revenue
4.9-star average rating across major review platforms
Broad product selection from about 70 cannabis brands
Grocery-anchored shopping center drawing 30,000+ shoppers a week
Captures about 1.8 times its fair share of local cannabis sales
On-site parking and dedicated curbside pickup
Online ordering and delivery capabilities
Asset 3 — Built-Out Essex County Retail Location

Space: Approximately 5,000 SqFt
Rent: $15,000/Month
Lease: 5 Years + 5-Year Renewal Option
Estimated buildout replacement cost: Approximately $1 Million, per ownership
Pre-revenue retail location with completed buildout
Fixtures, displays, and operating equipment in place
Installed security cameras, access controls, and network systems
Approved to open under the Somerset County license; municipal approval in place
Downtown location in New Jersey’s largest city (about 324,000 residents), a short walk from a major transit hub
Inside the existing delivery area, so the brand and loyalty base already reach local customers
Transaction Structure:

The Somerset and Essex County assets are held under one company, with 100% of that company offered for acquisition. The Bergen County opportunity involves an initial minority ownership acquisition, with the remaining equity paid for at closing through an option and transferred when permitted. Each transaction is subject to applicable regulatory review and approval. Full ownership and management terms will be provided after signing an NDA.

License:

Authorizes the purchase of cannabis products from licensed New Jersey suppliers for retail sale to adults age 21 and older. Product categories may include flower, pre-rolls, vapes, edibles, and concentrates. Retailers may offer home delivery with CRC approval or work with a licensed delivery service. Cultivation and manufacturing are not authorized under this license.

Asking Price: Call for Offers Due Nov 20th

Must sign an NDA/Waiver before any other detailed information is released, along with the company’s location. This listing is offered exclusively through Green Life Business Group®, Inc.

Green Life Business Group®, Inc DRE CA LIC #02061374

Eric Espinoza, DRE LIC CA #02077927

If you have any questions, call Eric at (858) 245-6324

Email: broker@glbgroupinc.com

Green Life Business Group®, Inc. helps owners sell, and buyers acquire, cannabis businesses.

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.