Details:
Space: 30 Acres Lot Size (19,000 Sq Ft Geothermal Building, All Concrete)
Real Estate Value: $4.5M
Equipment Cost: $2M
Zoned for 40,000 Sq Ft Indoor Cultivation
Capital Invested: $6M + Interest Owed
3 Adult Use Cannabis Brands & Hemp Wellness Brand (CBD) Included, Currently In 85 Stores
Growing outdoors on 30 Acres
Have 350 Kilos of Distillate
Have Bred 30 Unique Strains
Parking Spaces: 20
2023 Gross Revenues: $1.4M
2024 Gross YTD: $3M
2024 Jan-May Gross Revenues: $1.4M

Asking Price:
$25M (Seller Open to Offers with at least $15M Cash Deposit)
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.

Operational Cannabis Processor, Outdoor Cultivation, & Distribution Business For Sale W/ Real Estate Included (Ontario County, New York) #1397

$25,000,000.00

This is an excellent opportunity for someone looking to secure a state of the art Processing, Cultivation, and Distribution business in Ontario County, New York. The licenses are held on a 30 Acre lot, in a 19,000 SqFt geothermal powered state of the art facility with the potential to expand if desired. Established in February of 2019, the company has cultivated an impeccable reputation in the New York cannabis space. In 2023 the business generated $1.4M in gross revenue, and is on track to realize in excess of $1.4M in revenue by the end of May 2024.
The location has received the town approval for 40,000 Sq Ft of indoor cultivation space, allowing the new owner to convert it into an indoor grow. Currently there are 11 employees running the operation, all of whom are willing to work under ownership. The sale would include everything that the company has, which includes all brands, licenses, real property, equipment, cannabis inventory, 200 kg of Distillate + CBD crude oil, etc. This business has several publicly recognized brands and has well cultivated relationships with retailers across the state of New York, two things that will allow a buyer to generate real income from day one.
In addition, the third crop which is expected to yield approximately 5,000 lbs of Cannabis flower has been propagated and will be in the ground before a possible deal could close. Don’t miss this opportunity to acquire a key player in the industry!

Sold By: GLBG Inc