Seeking Investor for New York Recreational Cultivation Project

CannaMLS ID: 7409
Save Listing

Price: $800,000


Listing Details


Listing Category
Cultivation
Manufacturing
Distribution

License Status
Municipal / local license granted
State / annual license granted

Adult Use
YES

Price: $800,000

Listing Status: For Sale

Hello, and thank you for taking the time to browse through our proposal.

We are seeking an investor to fund between $600K-800K, for an opportunity to purchase equity in a cultivation project near the finger lakes in NY. The finger lakes provide the most favorable and driest weather in the state, allowing a massive advantage over most of the competing licenses, given the near-total ban on artificial light usage. 

Based on the clear lack of supply projected in the state for the next two to three years due to license issuance shortages, there is an opportunity to conservatively produce $3-4MM annual gross revenue from our cultivation license, utilizing exotic strains under climate-controlled conditions.

The project will be spearheaded by industry experts with proven track records in other recreational states. An opportunity to process biomass through the cultivation license will become available next year, as the OCM introduces new language to the statute.

Please inquire directly for more information.

Cost and revenue projections available upon request. 


Listing Details

Listing Status
For Sale

Location
New York 14621

Date Listed For Sale:
9/18/2022

Date Last Updated:
9/21/2022

Generating Revenue:
YES

Property Details

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$800,000

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