Amazing opportunity to acquire a portable Cultivation 10,000 Sq Ft Canopy License in Los Angeles, CA! Being a Phase 2 Tier 3 License, this license allows for 100% ownership and does not require a Social Equity partner. The license enables legal cannabis cultivation of 10,000 Sq Ft canopy space. Originally this license was issued through the Community Planning Area of Hollywood, but recently the DCR has green lighted licenses being moved outside of their Community Planning Areas. The relocation within the approved licensing map is still necessary.
This flexibility allows the new owner to select an ideal location that suits their needs. While the opportunity is pre-revenue, it allows the buyer to construct a customized cultivation facility from scratch, creating a new revenue stream. Additionally, there is no tax exposure, relieving the buyer of previous owner tax liabilities. This rare chance to enter the thriving cannabis industry provides a valuable asset and a foothold in Los Angeles, the Mecca of the Cannabis Industry. Seize this license-only play to capitalize on the market and unlock potential success.
Amended LAMC Regarding Cannabis Law LINK: Section 104.03(c)(6)(i)(A) says one could relocate to another community plan area that has not reached undue concentration if you have temporary approval. Section 104.03(g)(2) says one could refile into another community plan area as long as it has not reached undue concentration.
Details:
License: Provisional Phase 2 Tier 3 Cultivation License
No Social Equity partner needed (100% Ownership)
Canopy Size: 10,000 SqFt
DCR Licensing Map (CLICK HERE TO VIEW LINK)
License:
Cultivation- 10,000 Sq Ft Canopy
Asking Price: $349,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Yesenia Jimenez, DRE CA LIC# 02073168
If you have any questions call Yesenia (858) 633-3013
Email: asm@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.