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Vertically integrated cannabis operation in central New Mexico

60 Willow Springs Rd, Truth or Consequences, NM, USA
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Listing ID : 591634

Listed On July 11, 2023 View Count 208

Listing Updated March 27, 2024

Price :
$1,100,000(Price Reduced)
License Details :
License Status:
Active – Current
Business Location Details :
Business Location:
Leased
Lot Size:
2 Acres
Terms :
Financing:
Cash
Description :

Located in a NM vacation hotspot, this company is well positioned for an independent owner market entry or to expand a portfolio’s retail presence and production support. Current owners are selling

DISPENSARY: Serves Sierra county including Elephant Butte, one of the most visited recreation areas in New Mexico. Tens of thousands of visitors travel from around the state and neighboring Texas, to camp and enjoy the lake area. With additional inventory support and a strong marketing program, new owners could capitalize on our high traffic crossroads location.

PRODUCTION: Production facilities producing since the 3rd quarter of 2022 in living, no till soil. 2 acres Centrally located in Sierra county with attractive lease terms, 6,000 square feet of greenhouse facilities, 1,200 sqft dry and cure facility, plus 1.25 acres available for field production facilities.  Property is over shallow aquifer ready for the new owner’s water rights.

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