Element 7 Multi-Site California Cannabis Portfolio For Sale By Way of Receivership CALL FOR OFFERS JUNE 30TH (California) #1763

Element 7 Multi-Site California Cannabis Portfolio For Sale By Way of Receivership CALL FOR OFFERS JUNE 30TH (California) #1763

This is being sold by way of Court Ordered Receivership and is subject to Court confirmation.

All assets sold from the Receivership Estate are done so free and clear of all liens.

This includes all City and State Taxes.

Certain Element 7’s California cannabis assets are now available for acquisition via court-ordered receivership, presenting a rare opportunity to secure a multi-location, lease-secured portfolio in key statewide markets. This court-supervised sale includes five sites located in Marina, Rio Dell, South San Francisco, Oakland, and Firebaugh, offering diverse functionality from retail and distribution to warehousing.

In Marina, a 5,000 sq. ft. commercial facility is leased through July 2030 at $10,102/month, with potential for additional leased space under separate terms. Rio Dell offers a compact 940 sq. ft. footprint at just $2,313.92/month through March 2031, ideal for boutique operations in Humboldt County. South San Francisco includes a 1,949 sq. ft. warehouse and adjacent 36,000 sq. ft. lot, positioned for hybrid retail/distribution use with a five-year renewal option pending documentation. Oakland’s 2,250 sq. ft. site offers high visibility and dense foot traffic, leased at $6,936/month through June 2027. Firebaugh includes a .33-acre agricultural lot leased through April 2026 at $5,908.92/month, offering flexible development potential.

With a combined operational footprint exceeding 43,000+ sq. ft. (excluding land), this offering is ideal for MSOs or independent operators seeking expansion, consolidation, or vertical integration. Call for Offers is due June 30th. Don’t miss this unique acquisition opportunity limited in today’s California cannabis landscape.

The Rio Dell asset is closing its doors this week and removing all inventory and South San Francisco opportunity will be a license sale only. Oakland and Marina are not 100% owned by the receivership and will be working with the owners to determine a path forward for those sales whether they want to buy the receiver out or if they are interested in putting in their ownership to sell their shares.

Details:

Marina, CA

Total Space: 5,000 Sq Ft

License Type: Commercial Cannabis Use Potential (Retail, Distribution, etc.)

2025 Gross Revenue’s Per Month: $101K

Rent: $10,102 / Month

Lease Expiration: July 14, 2030

Security Deposit: $5,000

Subletting: Not permitted without written landlord approval

Notes: Full unit lease

Rio Dell, CA

Total Space: 940 Sq Ft

Use Type: Boutique Retail or Small Office

Rent: $2,313.92 / Month

Lease Expiration: March 31, 2031

Security Deposit: $5,000

Subletting: Not permitted without written landlord approval

Notes: Long-term lease; ideal for rural retail or satellite operation;Landlord mat consider selling the building

South San Francisco, CA

Total Space: 1,949 Sq Ft Office/Warehouse + 36,000 Sq Ft Lot

Use Type: Ideal for Distribution or Logistics Hub

Rent: $7,796 / Month

Lease Expiration: June 30, 2024 (5-year renewal clause in contract, documents pending)

Security Deposit: $54,720

Subletting: Not permitted without written landlord approval (Lawrence Avenue Properties)

Notes: Rare large-lot industrial space in Bay Area; renewal flexibility exists

Oakland, CA

Total Space: 2,250 Sq Ft

License Type: Urban Retail / Administrative Use

2025 Gross Revenue Per Month: $93K

Rent: $6,936 /Month

Lease Expiration: June 30, 2027

Security Deposit: $7,000

Subletting: Not permitted without written landlord approval

Notes: Strong retail market; high-traffic East Bay location

Firebaugh, CA

Lot Size: 0.33 Acres (Interior square footage unspecified)

License Type: Dispensary Retail, Distribution and Manufacturing

2025 Gross Revenue Per Month: $85K

Rent: $5,908.92 / Month

Lease Expiration: April 2, 2026

Security Deposit: $0.00

Subletting: Not permitted without written landlord approval (Firebaugh GHG Fund)

Notes: Lot-based lease with potential for Dispensary Retail, Distribution and Manufacturing

License:

Retail Storefront License – Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.

Call For Offers June 30th

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location.

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

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