Listing ID : 863218
Listed On November 19, 2024 85
Listing Updated November 19, 2024
The business is in operation but it is best suited for someone who would like to move
the license to a large location. Initially issued in Monterey County, the license can
now be relocated outside of that area, thanks to the recent approval by the
Department of Cannabis Regulation (DCR). This newfound flexibility allows the new owner to choose a location that best suits their specific needs.
This opportunity is particularly rare and valuable as it allows entry into the thriving
cannabis industry in California, which is widely recognized for its Cannabis Industry.
By acquiring these licenses, the buyer can capitalize on the market and unlock the
potential for success. It serves as a valuable asset and provides a solid foothold in an industry with tremendous growth potential.
Amended LAMC Regarding Cannabis Law LINK: Section 104.03(c)(6)(i)(A) says one could relocate
to another community plan area that has not reached undue concentration if you have
temporary approval. Section 104.03(g)(2) says one could refile into another community plan area as long as it has not reached undue concentration.
Details:
- Local License Approval (Manufacturing, Distribution)
City of King, County of Monterey
DCR Licensing Map
Option to Purchase Individual Licenses For $125k/Each
Licenses: - Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, and Drinks (all manufactured cannabis products).
Distribution- Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where the product is stored for the purposes of distribution.
Asking Price: $250,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Nebula Management LLC.
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Cannabis & Hemp Banking
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