Long Beach Cultivation, Light Mfg & Distro Microbusiness Investment

Long Beach Cultivation, Light Mfg & Distro Microbusiness Investment

$2,100,000
Price
Partial Ownership in Company & Building
Listing Type
Type 12 Micro
License Type

About This Opportunity

Fantastic opportunity with a very fair organization that cuts your time to market in half or more. With less than you need to start a small grow, you’ll be partners in a much larger venture, and get security and expertise. To get their State-licensed cultivation, distribution & small manufacturing microbusiness open and cash flowing, our client needs $2.1 total, which covers rehab ($1.7M) and start up opex ($400k). These funds can be in the form of loan, equity, line of credit used to pay subs and for equipment, or a combination. Included property worth at least $2.5M now, $4.5M+ (excluding cannabis use) after the combination of two buildings and creation of an additional 2k sq ft. which has been permitted. Owners are open to active or silent partners, security in the building and company assets are available, including the option of taking out the $1.3M first and/or $1M second positions. Harvests will be in Spring/Summer 2022, distro open prior. Great access to LA and SoCal markets.

Details for This Opportunity

Insights

Price$2,100,000
Valid UntilConstruction Begins
Listing TypePartial Ownership in Company & Building
% AvailableTBD based on interest in Building
License TypeType 12 Microbusiness (Cultivation, Non-Volatile Manufacturing, Distribution)
License StatusState Licensed, Building Permits in Hand
Progress/Time Saved16 months
Operation StatusPre-Operational
LocationLong Beach
Facility10k Building
Property IncludedOwned subject to Mortgage
RentN/A

Completion & Timeline Score

Access to greenzone propery 100%
Local cannabis permissions granted 100%
Local building permits received 90%
State license 90%
Buildout (COO) 20%
Operational 80%

Resources

Contact

Phinehas Toderean
916-758-8470
ptoderean@begreenlegal.com