CannaMLS ID: 27581
Created | Updated
Price
$ 400,000
Acquire a New York Adult-Use Tier 1 Combination Cultivation License with Social & Economic Equity (SEE) designation. 7,500 SqFt canopy. For sale in NY.
No property for sale or lease (license only)
Great opportunity to acquire a New York Adult-Use Tier 1 Combination Cultivation License with Social & Economic Equity (SEE) / Minority-Owned designation. The license provides for up to a total of 7,500 SqFt of total cultivation canopy, consisting of 5,000 SqFt of outdoor cultivation plus 2,500 SqFt of mixed-light cultivation.
The combination license provides operators with two cultivation methods. Outdoor cultivation utilizes natural sunlight in an open-air growing environment, while mixed-light cultivation combines natural sunlight with supplemental artificial lighting and environmental controls, typically through a greenhouse or similar structure. This provides greater flexibility in cultivation strategy, production cycles, and operating costs.
The license is currently valid through the end of 2027, providing the new owner a long window to identify a property to park this license at. Any ownership change, transfer, or other transaction involving the license remains subject to applicable regulatory requirements and OCM approval, where required. Buyers and sellers should conduct their own independent due diligence and consult qualified legal counsel and the OCM regarding the proposed transaction structure prior to entering into any agreement.
Details
Tier 1 Cultivation License
SEE License / Minority Owned Designation
Total Canopy Space: 7,500 SqFt (5,000 SqFt of Outdoor & 2,500 SqFt Mixed-Light)
License Renewal: End of 2027
New Owner to Relocate License
License:
The license provides for up to a total of 7,500 SqFt of total cultivation canopy, consisting of 5,000 SqFt of outdoor cultivation plus 2,500 SqFt of mixed-light cultivation.
Asking Price: $400,000.00 (Seller Open to Offers with 50% Down)
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
Eric Espinoza, DRE LIC CA #02077927
If you have any questions Call Eric (858) 245-6324
Email: broker@glbgroupinc.com
Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business.
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Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business opportunity.
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.
Green Life Business Group, Inc.
Professional Licenses
No property for sale or lease (license only)
Green Life Business Group, Inc.
Professional Licenses
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