2 Cannabis Cultivation Businesses for Sale in Adelanto, CA

• Location: Adelanto, California
• Asking Price: $6.5M for both
  • $2.5M for 500 light business
  • $4M for 800 light business
• Monthly Rent: $140K ($70K/building)

Description:

This opportunity features two cannabis cultivation businesses for sale in Adelanto, California. Both businesses are fully licensed and operational. Each standalone facility measures 29,000 square feet, with one offering 12,000 square feet of canopy space and the other offering 10,000 square feet. Both facilities sit within a secured, fenced lot and include ample parking.

The properties are part of a three-building complex. The third building remains vacant, giving the buyer flexibility to expand or implement additional operations based on their business strategy.

Four 540KW natural gas generators currently power the facilities. A full Edison power upgrade is underway and expected to be completed by the end of the year, delivering 2,500 AMPs per building.

While the real estate is not currently for sale, the buyer retains the first right of refusal if the property owner chooses to sell.

Business Features:

• Building One
  • 12,000 square feet of canopy space
  • 3 years remaining on lease
  • 800 single-stack HP lights
  • 12-foot ceilings
  • Two veg rooms
    • 100 veg lights
  • One mother room
  • Under-lighting upgrades in progress
• Building Two
  • 10,000 square feet of canopy space
  • In the process of securing a nursery license
  • 5 years remaining on lease
  • 500 double-stack LED lighting
  • 18-foot ceilings
  • Five veg rooms
    • 250 veg lights
  • Two mother rooms
  • Under-lighting upgrades in progress

Included Licenses:

• Cultivation
  • Small Indoor – 5,001 to 10,000 square feet of canopy
  • Medium Indoor – 10,001 to 22,000 square feet of canopy
  • Nursery license pending

How Wicker Law Group Can Assist You: As your trusted legal partner, Wicker Law Group offers comprehensive services, including:

• Drafting and negotiating purchase agreements
• Providing guidance to achieve compliance with California cannabis regulations
• Facilitating entity formation and corporate bylaws or operating agreements
• Navigating cannabis licensing requirements
• Conducting due diligence
• Managing escrow requirements

Please note that listings can be sold or withdrawn at any time. To get more details, a non-disclosure agreement (NDA) and proof of financials are required. Contact Wicker Law Group to explore this cannabis business opportunity and receive expert legal guidance throughout the acquisition process.

Are you looking to invest in the cannabis industry? Wicker Law Group offers expert legal representation for purchasing licensed cannabis businesses in California. Our extensive network and industry knowledge connect buyers with premium cannabis business opportunities. (1835)