ADD FREE LISTING

Licensed cultivator operating ∼150,000 ft.² hybrid greenhouse located within 1hr drive of Toronto, Canada

Ontario, Canada
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Cultivation/ Grow Businesses For Sale

Listing ID : 867776

Broker ID : 9937947699

Listed On December 11, 2024 View Count 145

Listing Updated December 11, 2024

Price :
$8,250,000
Business Overview :
Gross Revenue:
$4,000,000
Inventory Included:
Yes
Accounts Receivable Included:
Yes
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Growth and Expansion Opportunities:
The site has room for expansion to add additional greenhouses/drying /processing buildings or licensed outdoor cultivation space (could add reefer unit or building extension for fresh frozen) 2 out of 3 acres are operational; 3rd acre is fully built but requires a degree of finishing and fixtures
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use, Medical
License Activities:
Cultivation, Manufacturing - Volatile , Packaging/ Processing
Business Location Details :
Business Location:
Owned - Included in Purchase Price
Facility & Tenant Improvements:
~$6.9 million current real estate market value for land plot, buildings, house, etc. (with no cannabis build-out premium) ~$1.9 million of capital spent on customized build-out and fit-out ~$1.2 million of capital spent on non-fixed assets Facility comes with major operating systems i.e. New PRIVA Environmental System, CAT Standby Generator, 2 x COGen Units, 2 x Boilers (BoilerSmith 110 and 200 hp), Halo 1000 W HPS Lights, Payne HVAC, DVR2010 VMS with AXIS Cameras Security
Utilities:
Electricity, City Water, Natural Gas
Terms :
Financing:
Cash
Broker Co-Op:
No
NDA Required:
Yes
Company Overview :
Description :

Wholly owned, ∼150,000 ft.² licensed, hybrid greenhouse with support buildings sitting on 10 acres of land with production capability of 2,500-3,000 KG/yr

Listing ID: 9937947699
Licence(s) Held: Standard Cultivation, Standard Processing, Sale for Medical, CRA licence, Operating since May 2019 and Health Canada renewed to 2027

Seeking outright divestiture of the licence, wholly-owned facility and going concern business for $8,250,000 USD ($11.7 million CAD) o.b.o

Listing Details:
Wholly owned, ∼150,000 ft.² licensed, hybrid greenhouse sitting on 10 acres of land located within 1 hr drive of Toronto, ON, Canada

Site includes greenhouses, head house, physical plant, garages and residential home

Hybrid Greenhouses are split into 3 x one-acre ranges, each with two (2) x 20,000 ft.² Zones, with support building (head house) and operating according to GACP standards, selling product into an EU-GMP production stream

Head house is comprised of debucking room, drying room, sanitation room, 4x storage rooms, shipping and receiving, 2x office rooms, staff room, electrical room, server room, and 2x washrooms

Planting density allows for 2,000 to 4,000 plants per Zone depending on genetics, resulting in average production capability of 216 KGs Dried Bud and 136 KGs Dried Trim per month for the 2 acres

Currently undertaking propagation, cultivation, live harvest and direct ship, dry/trim capability, bulk packaging and B2B sales

Low cost of production and currently producing consistent output of over 25%+ THC

Current revenues $2.5 million annually, with projected sales of $4 million for 2024

There are currently supply agreements in place

The site has room for expansion to add additional greenhouses/drying /processing buildings or licensed outdoor cultivation space (could add reefer unit or building extension for fresh frozen)

Seeking outright divestiture of the licence, wholly-owned facility and going concern business for $11.7 million o.b.o ($8,249,312 USD)

Create an account

I Agree to 420 Property’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

All Listings
Hyde Advisory and Investments

420 PROPERTY SEARCH

Status
ACTIVE
COMING SOON
PENDING
LEASED
SOLD
OFF MARKET
Hemp Only Listings
Broker Co-Op Listings

Listings You May Also Like

NY Microbusiness License – Cultivation/Distribution/Processing/Retail

New York State, USA

Selling a New York adult-use, Micro-business License. The license is paper-only and has not commenced operation. This license is authorized to:Cultiva

Licenses For Sale

Microbusiness with Retail

130 W Morris St, Bath, NY, USA

Unlock Your Opportunity into the NY Cannabis Market.We are offering an Adult Use Microbusiness License in the Fingerlakes Region of New York, an oppor

Retail Stores/ Dispensaries

Portage – Freestanding Cannabis/Retail/Office Building

7812 Portage Road, Portage, Michigan, USA

Freestanding retail/office building available for sale. Formerly used as a delivery hub for a Municipal Approved Adult-Use Provisioning Center with 24

Retail Stores/ Dispensaries

Kalamazoo County – Confidential Operating Provisioning Center

Michigan, USA

Operating Adult-Use Provisioning Center for sale - real estate and license included.Located in a densely populated residential area, this property ben

Retail Stores/ Dispensaries