CannaMLS ID: 25215
Created | Updated
Price
$ 3,000,000
Seller financing available
Profitable, turnkey WA cannabis retailer with strong brand, loyal base & leadership team. Positioned for 280E relief, offering major cash flow upside in 2026.
Property is: For lease
Property type: Retail
This is an opportunity to own a profitable cannabis retail operation with an excellent brand and reputation in the cannabis marketplace. The business offers product options for recreational and medical marijuana consumers. This positive cash flow operation is appropriate for an entrepreneur seeking either the option to be hands-on, or hands-off as an absentee owner.
The business has a strong leadership team that will remain in place after the sale. The strong team will enable the new owner to be as hands-on as they choose while benefiting financially from the current staff's experience.
Executive management has designed and deployed strong systems, infrastructure, staff, and tenant-improved locations. This stable situation allows the new owner a turnkey business that has already addressed all variables in this industry.
New legislation makes 2026 the perfect time to enter the cannabis industry, especially with an established client base and strong brand reputation. On December 18, 2025, President Donald Trump signed Executive Order 14370 directing the US Attorney General to reschedule marijuana from a Schedule 1 drug to a Schedule 3 drug. The result of this change once fully implemented will eliminate the application of 280E for cannabis licensed businesses when filing their federal income taxes.
With this change, cannabis business owners will be able to deduct all administrative expenses. Up to now, cannabis owners could only deduct the cost of goods sold from their taxable revenues. The impact is estimated to be a 30-35% increase in annual cash flow. Additional benefits from the removal of 280E will be the potential increase in investors as well as potential price reductions to cannabis product sales as owners weigh the balance of retaining income after taxes and sharing the tax savings for customer satisfaction and market share growth.
This retail operation provides a full range of cannabis products from flower, concentrates, cartridges, edibles, pre-rolled joints, vaporizers, topicals to medical marijuana. They feature the most popular budget, value, and luxury brands in every commodity group offered in a comfortable contemporary retail setting. For example, some of the brands include Rays Lemonade, Northwest Concentrates, Bondi Farms Pre-rolls, Wyldes Edibles, Fairwinds Topicals and more.
In addition to strong product lines, the business has a reputation for providing superb customer service. When customers visit, they are greeted by friendly staff and experience a unique concierge-level customer service offering superior product knowledge tailored to the needs of a cannabis user.
Store management is expected to remain on after the transition along with their exceptionally trained staff to maintain this bespoke level of customerservice and retain customers.
The current owner has set up the future buyer for success with seamless processes, effective marketing, and fully compliant operations under the regulation of the Washington’s Liquor and Cannabis Board.
Property is: For lease
Property type: Retail
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