There were 31 new licenses issued in a second round for Arizona licenses last year. The two I listed above are both from this latest round hence them not being built out. This license is one of the originals. It's located in a remote town somewhere in AZ my source won't disclose. The license is selling for 10 million by itself. Why would a license in the middle of nowhere be so valuable? Turns out after 3 years in business you can move your retail location anywhere you want in the entire state! According to the guy I'm dealing with there is currently another license in escrow moveable being bought by a group for 10 million. They intend on buying this one next.

Price: $10,000,000

Details

Date Listed For Sale:
License Type: All

All, Arizona

Recreational: Yes
Medicinal: No

Listing Type

  • Grower/cultivator/producer
  • Manufacturer/processor/extraction
  • Distribution
  • Dispensary

Pricing Details

Full Buy Out Price: $0
Buy In Price: $0
Ownership Percentage: 1.5 %

Property Details

Property Attached: No
Property Is Movable: No
Property Is Included: No
Property Is Included: No
Is Built Out: No
Has Room For Expansion: No
Operations Are Needed: No