Two Cannabis Micro Businesses and Properties for Sale
Two Fully Vertical Cannabis Facilities for SALE in Riverside County CA
Unique opportunity to own two cannabis micro business operations and properties in riverside county. The first location in Moreno Valley is a turn-key, high-volume, market-leading, cannabis micro business, and the second location is a newly renovated and built micro cannabis location. With a lot of room for growth, the locations are looking for new owners capable of expanding upon its under-utilized license and buildout.Successfully in operation since August 2020, the Moreno Valley facility is on pace to earn $6m in gross revenue over the next 12 months and the San Jacinto location should be just behind it at launch. 10,000 sf of the 16,000 sf total cultivation operations has been harvesting top-shelf flowers with the intention of branded products for retail sales and distribution. Additionally, the builds have been designed with rooms for a commercial kitchen, testing facility, and extraction lab with the intention of future growth.
Spaces: 26,000 Sq. Ft.
Retail & Show Room: 2,600 Sq. Ft.
Cultivation Canopy: 10,000 Sq. Ft.
Cultivation Rooms: 7 Grow Rooms
Cultivation Production: 12,000 lbs. per year
The Type 12 license is for businesses that do at least three of the following activities at one location:Cultivation – up to 10,000 total square feet
Manufacturing – use of non-volatile solvents, mechanical extraction or infusionDistribution or distribution transport-only
Retail – storefront or non-storefront
Asking Price: $30M (Sellers Open to Offers)
$17,000,000 - Moreno Valley & San Jacinto Businesses
$13,000,000 - Moreno Valley & San Jacinto Properties
Must sign an NDA/Waiver and provide Proof of Financials before any other details are shared. For serious inquiries, please reach out to firstname.lastname@example.org