Vertically Integrated Cannabis Retail & Cultivation Portfolio for Sale in Southwest Michigan

Take advantage of a unique opportunity to acquire a four-location cannabis retail portfolio in Southwest Michigan, strategically positioned near the Indiana and Illinois markets. The portfolio consists of three currently operational dispensaries, one additional fully built-out location preparing to open, and an established 12,000 SF indoor cultivation facility.

The cultivation operation was established in 2018 and currently supplies the portfolio’s retail locations with bulk flower and pre-rolls, providing a vertically integrated business model with greater control over product supply.

The portfolio includes real estate at three of the four retail locations, while the fourth location is leased. The seller reports that the assets are free and clear. All reported sales across the operating locations are up approximately 30% year-over-year.

Portfolio Highlights

4 Operational Cannabis Retail Locations

Operational 12,000 SF Indoor Cultivation Facility

Approximately 12,000 SF additional cultivation expansion potential

Real Estate Included at 3 Retail Locations

Approximately 60 employees across the portfolio

Established cultivation operation dating back to 2018

Vertically integrated cultivation and retail operation

All reported sales up approximately 30% from the prior year

Southwest Michigan location with proximity to Indiana and Illinois

Cultivation Facility

The portfolio includes an established 12,000 SF indoor cannabis cultivation facility in Southwest Michigan. The facility was constructed in 2018 and was designed to accommodate future expansion.

The cultivation operation currently produces cannabis exclusively for the portfolio’s own retail stores, supplying them with bulk flower and pre-rolls.

Cultivation Details

Facility Size: 12,000 SF

Established: 2018

Plants: Approximately 2,000

Cultivation Rooms: 8

Production: Approximately 224 plants every two weeks

Expansion Potential: Approximately 12,000 additional SF

Land: Owned

Original Facility & Land Investment: Approximately $1.3M

Reported Yield Growth: Approximately 30% higher than the prior year

Reported Flower Sales: Approximately $1,100–$1,200 per pound

Supplies portfolio stores with bulk flower and pre-rolls

Dispensary #1 — Berrien County

One of the portfolio’s strongest-performing retail locations, this store has been operating since 2022 and is positioned directly along a major interstate corridor.

The property has undergone a complete remodel, with approximately $400,000 invested in improvements.

Space: 5,000 SF

Status: Fully Operational

Employees: 16

Operating Since: 2022

Projected Revenue: Approximately $4.4M

Real Estate: Owned

Reported Real Estate Value: Approximately $600,000

POS System: AgTech

Drive-Through: Available, subject to applicable regulations

Potential 24-Hour Operation: Subject to applicable regulations

Additional Remodel Investment: Approximately $400,000

Dispensary #2 — Van Buren County Michigan

The property includes the real estate, land, and buildout, with approximately $1M invested into the location.

Space: 3,000 SF

Status: Fully Operational

Employees: 15

2025 Gross Revenue: Approximately $3M

2026 Projected Revenue: Approximately $3.6M

Real Estate: Owned

Reported Real Estate Value: Approximately $785,000

Total Investment: Approximately $1M

POS System: AgTech

Drive-Through: Recently approved / expected to be operational by late summer

Dispensary #3 — Van Buren County Michigan

Established retail location operating since December 2018.

Space: 1,000 SF

Status: Fully Operational

Employees: 6

Operating Since: December 12, 2018

Gross Revenue: Approximately $1.3M

POS System: AgTech

Real Estate: Owned

Reported Real Estate Value: Approximately $150,000

Convenient retail location near complementary businesses

Dispensary #4 — Kalamazoo County Michigan

A fully built-out cannabis retail facility located along a busy highway in a prime retail area. The location is being acquired through a lease from the previous operator and is preparing to open.

The previous operator reportedly generated approximately $3.2M in annual sales, based on financial information reviewed by the seller.

Space: 1,800 SF

Status: Built Out / Preparing to Open

Just Opened

Real Estate: Leased

Location: Busy highway / prime location

Previous Operator Revenue: Approximately $3.2M

License Summary

Cannabis retail and cultivation licenses supporting the operation of multiple regulated adult-use cannabis dispensaries and an indoor cultivation facility.

The retail licenses authorize the sale of regulated cannabis products to qualifying customers, while the cultivation license supports commercial cannabis cultivation within the licensed facility. The licenses are subject to applicable Michigan Cannabis Regulatory Agency (CRA) requirements, local regulations, and any required ownership or transfer approvals.

Asking Price: Call For Offers

Must sign an NDA/Waiver 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

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions Call Elliot (619)-770-2699

Email: elliot@glbgroupinc.com

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

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group® National Affiliate Program.

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.