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GACP-certified, 17,000 ft.², licensed cultivation and processing facility in New Brunswick, Canada

New Brunswick, Canada
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Cannabis Businesses For Sale | Cannabis Cultivation/ Grow Businesses For Sale

Listing ID : 867278

Broker ID : 4299674247

Listed On December 8, 2024 View Count 34

Listing Updated December 13, 2024

Price :
$2,400,000(Price Reduced)
Business Overview :
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use, Medical
License Activities:
Cultivation, Manufacturing - Non-Volatile , Packaging/ Processing
Business Location Details :
Business Location:
Owned - Included in Purchase Price
Size:
17,000 Sq. Ft.
Lot Size:
4.2 Acres
Power:
1,200 AMPS
Utilities:
Electricity, Sewer, Natural Gas
Terms :
Financing:
Cash
Broker Co-Op:
No
NDA Required:
Yes
Company Overview :
Description :

Unique opportunity to purchase a wholly-owned, pharmaceutical grade, 17,000 ft.² licensed cultivation and processing facility on 4.2 acres of land in New Brunswick, Canada

Listing ID: 4299674247
Licence(s) Held: Standard Cultivation, Standard Processing, Sale for Medical Purposes and Recreational Sales Amendment (Dried Flower/Extracts/Edibles/Topicals)

Seeking outright divestiture of the wholly owned facility and licence for $2.4 million USD ($3.4 million CAD)

Listing Details:
Wholly-owned, purpose designed, two-storey,, 17,000 ft.² pharmaceutical/food-grade licensed cultivation and processing facility sitting on 4.2 acres of land located in NB

Main floor was repurposed and is comprised of 3 grow rooms with ~4,000 ft.² of canopy space, packaging room, extraction room, large secure storage area, mechanical and dilution rooms

Several rooms were transformed into gummy and chocolate rooms totaling 1,600 ft.²

Second floor is comprised of drying room, processing room, lab area and offices

Packaging room (expansion) can be freeze or cooled, gummy room (expansion) has a 10’x12’ dehumidification walk-in room and has a 10’x12’ walk-in cooler, and chocolate room (expansion) has a 10’x12’ walk-in cooler

Facility is capable of producing 1000-1500 kg of dried flower annually

Historically, the facility produced more than 1.6 million units of chocolate bars, chocolate covered bites and soft chews. At full capacity, it has the ability to double this capacity.

The site is currently non-operational but the licences are in good standing

Electricity capacity: 1200 amps, 600V 3-phase power

Facility comes with top quality, compliant systems and fit outs – e.g. 28 air handlers, security cameras, Angus software based automatic dosing and irrigation system, large caterpillar generator, Enteliweb building management system, etc.

The rooms are designed according to GMP/EU-GMP standards

Total invested in the property in capital improvements is ~$10 million

Looking to sell the purpose-built facility and licenced business for $3.4M

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