The city of Palm Springs has issued 6 vertically integrated licenses. The company contracted to do cultivation for one of the licenses is seeking funding for real estate acquisition and build for the grow. They are currently under contract for a city approved location pending funding. They have a 10A license to cultivate up to an area not to exceed 4 acres (174,240 sqft.) under a 10A license, anywhere in the State of California where cultivation is allowed. Other cultivation operations that opened their business after the July 1,2015 deadline are only allowed to have a maximum of 22,000 square feet of cultivation space.

Price: $7,000,000

Details

Date Listed For Sale:
License Type: 10A

Palm Springs, California

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: 0 %

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: Yes