Marijuana Cultivation Property for sale in Warwick, RI 02818

Turnkey Fully Operational Cannabis AU/MED Cultivation & Manufacturing Business For Sale (Warwick, Rhode Island) #1670

This is an exceptional opportunity to acquire a fully operational hybrid AU/MED cannabis cultivation and manufacturing business in Warwick, Rhode Island. The 5,000 sq. ft. facility is equipped with 70 flowering lights and includes a 500 sq. ft. mezzanine for added space. With a long-term lease in place (with options), the approximate monthly lease cost for the new owner, including NNN and utilities, is $10,000. The business has shown impressive growth with $1.1M in gross revenue and currently holds two licensing deals, offering further potential for expansion.

The business operates with a skilled team of 10 employees, including a head grower, facility manager, founder, and trimmers/packagers. Key employees are committed to staying on, ensuring a smooth transition. The sale includes the lease, license, and existing equipment, making this a turn-key opportunity for a new owner looking to step into an established operation with room to grow. This is a great opportunity for someone who is looking to target a major cannabis market in Rhode Island, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry.

Don’t miss out on this lucrative opportunity to enter the thriving cannabis industry in Rhode Island. Contact us today to learn more!

Revenue:

2024: $1.1M Gross Revenue

Details:

Space: 5,000 Sq Ft

500 Sq Ft Mezzanine

Rent: $10,000/Month

Lease: Long Term Lease W/ Options (Including NNN + Utilities)

Employees: 10 (Head Grower, Facility Manager,Founder, Trimmers/Packagers/Misc Labor)

Lease, License and Existing Equipment Included

Key Employees Will Stay W/ the Business

Lease, License and Existing Equipment Included

Flower Lights: 70

Fully Operational

Limited License Market

Newer Market

Currently has two licensing deals

Licenses:

Class A Medical Cannabis Cultivator (Includes Manufacturing): Class A cultivator licensees may not possess more than two hundred and fifty (250) mature marijuana plants and two hundred and fifty (250) seedlings which must be properly tagged and tracked in accordance with acceptable alternative tagging and tracking under Section 1.7(D). The size of the facility may not exceed 5,000 sq. ft. of “plant touching” floor area

Asking Price: Call For Offers

Must sign an NDA/Waiver and provide Proof of Financials 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

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot (619)-770-2699

Email: elliot@glbgroupinc.com

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.

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