CannaMLS ID: 10029
Created | Updated
Price
$ 2,500,000
Goal is to bring our connoisseur strains of perfectly cured, craft flowers, to the “Exotic Top Shelf” of the finest dispensaries and aficionados. We started
Stock image generated by CannaMLS. Request listing photos from seller.
Address: 350 Encinal
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Monthly lease rate: $ 2
Lot size (acres): 2
Building size (sq ft): 7,500
Goal is to bring our connoisseur strains of perfectly cured, craft flowers, to the “Exotic Top Shelf” of the finest dispensaries and aficionados.
We started in 2015 to produce new strains of connoisseur grade Cannabis. Founder developed a proven method for cultivating & cloning legacy cannabis flowers with very high yields and impressive potency. The new Facility in Santa Cruz currently has 87 Flowering lights, nursery, drying room, manufacturing, and is producing and packaging 1,500 Lbs of Flower per year at $2400 per lb average price.. We also can make and Package up to 1,000 Pre-Rolled Cigarettes Daily for Promotions and Sales.
Need to finish maximizing Building #1 to where it will have 145 lights and produce appx. 2,500 Lbs of Flowers a year at $2400 per Lb average which equals 6 million in Flower Sales and will create $1 million in Manufactured products per year. Total approximately 7 million in sales for building #1 when maximized.
There will be opportunities to lease more space in the Santa Cruz Park with the potential to reach $40,000,000 in sales
Over the course of the next 36 months, we expect the legal USA Cannabis Industry to start maturing. Federal Regulations will evolve and the Industry will continue to gain credibility. As a result, we will be well positioned with Locations, Licenses, Infrastructure, and a Recognized Brand which will be an attractive acquisition target to be purchased by a Cannabis Multi-State Operator who wants a foothold in California Cannabis. Also, Liquor, Pharmaceutical, and /or Tobacco Companies will be interested
Current Valuation is $7,500,000 which is about double what our 2021 year end Balance sheet is for Total Liabilities and Equity $3,942,700
10 year lease with 5 year renewable options. $2.00 per sq ft
Stock image generated by CannaMLS. Request listing photos from seller.
Address: 350 Encinal
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Monthly lease rate: $ 2
Lot size (acres): 2
Building size (sq ft): 7,500