Approved Cannabis Production Building

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:
Yes
Has Buy-in Option:
No
Is Built Out:
No
Has Room For Expansion:
No
Operations Are Needed:
No

This property offers the opportunity to purchase an entitled Cannabis Cultivation, Manufacturing and Distribution facility, eligible for both medical and recreational use. This property has an application currently pending for a Cannabis Business License through the City of Long Beach that will be approved at or before closing, allowing the new owner to move on to the buildout phase soon after closing. The subject property has approved applications for: Type 7 Manufacturing - Extractions using violative solvents - Extractions using mechanical methods or non volatile solvents - Infusion processes - Edible products manufacturing - Packaging, re-packaging, labeling and re-labeling cannabis products Type 13 Distribution - Distributor and Self-Distribution; transportation of other businesses products and their own products and commercial cultivation. Upon completion and final inspection of the entitled build-out, a Certificate of Occupancy and business license will be issued. Construction and operating plans are available to be viewed to qualified parties. The City of Long Beach has already approved the subject property’s business license applications. Because this happened prior to a specific deadline, no Conditional Use Permit (CUP) will be necessary for operation under both medical and recreational capacities

Price: $4,999,999

Listing Status: For Sale

Details

Date Listed For Sale: 11/6/2018
License Type: Manufacturing Cultivation Distribution

Long Beach, California

Recreational: Yes
Medicinal: Yes

Listing Type

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