Cannabis Microbusiness for Sale in Cathedral City

Cannabis Microbusiness for Sale in Cathedral City, California

• Location: Cathedral City, California
• Asking Price: $500,000
• Monthly Rent: TBD

Description:

This fully licensed and turnkey cannabis microbusiness for sale in Cathedral City operates out of a 4,500 square foot facility, holding cultivation, manufacturing and distribution licenses.

The seller indicates that the cultivation side is fully operational with 42 flower lights, currently yielding harvests every 10 weeks, and plans in place to expand by an additional 70 lights. The facility is powered by 600 AMPs and brand-new power transformers.

The facility also features an approved extraction room, a 10-liter CO2 extractor, and comprehensive post-processing equipment, ideal for in-house production of manufactured cannabis products.

Buyer has the option of purchasing the real estate for $1.5M.

Business Features:

• Total Space: 4,500 square feet
• Lot Size: 15,000 square feet
• Rent: TBD
• Lease: TBD
• Flower Lights: 42 operating, with approved plans for 70 additional (Total 112 potential)
• Veg Lights: 45-50 (Double Stack)
• Harvest Cycle: Every 10 weeks with current 42 lights
• Extraction: Approved extraction room, 10 Liter CO2 extractor, post-processing equipment included
• Ceiling Height: 15ft
• Power: 600 AMPS, brand new transformers
• Building Condition: Brand new building, new sidewalks, new parking, fully insulated
• Option to Purchase the real estate for $1.5M

Included Licenses:

• Cultivation – 10,000 square feet canopy space
• Manufacturing Type 6
• Distribution

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Please note that listings can be sold or withdrawn at any time.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. (1771)