(719) 328-1616

Business Listing #21-18


Type of License: 3 Medical Marijuana Cultivation Locations (MMCL),2 Medical Marijuana Store (MMS)

Price: $1.7M

(Landlord will consider selling property. Proof of funds and signed NDA are required.)

Revenues:     

2021 – January – December: $2.5 Million

2022 – January – December $1.8 Million

Financing Terms:

. $1M down, balance financed over three years with personal guarantee and/or other collateral.

Lease:

Monthly Rent:  $40,000.00 per month for all 4 premises.

Term: Generally, 2-3 years with optional for renewal

Landlord Friendly: Yes

Licenses:

MMCL 1    Class 2     1,500 plants

MMCL 2    Class2     1,500 plants

MMCL 3    Class 3     3,000 plants

MMS (1)      Patient Count 146

MMS (2)      Patient Count 155

Plants:

Average Flower plants: 1,800

Average VEG Plants: 1,954

Average Clones: 1,100

Weight produced per month: 130 lbs., of flower and 100 lbs. of trim. Production was reduced in 2022 due to market conditions,  We are currently increasing production back to 2021 levels.

Layout:

Square Footage of MMC:  1,800 sq. ft

Square Footage of 2nd MMC  1600 sq ft

Square footage of Grow Cultivations: 26,000 sq. ft includes area under lights (20,000 sq. ft), cure and trim.

Electrical and HVAC:

Electrical: Supports Current Plant Count. May need to increase electrical and lights for more plants.

HVAC: Roughly 12 A/C’s spreads throughout the facilities. 9 units added/ replaced in the last 18 months.  

Lighting Systems for Grow:

Gavitas – 270

1000 Watt – 90

T5’s – 75

Digital Ballast – 125

Employees:

Number of Employees: 21, Employees are desiring to stay.

Number of Managers: 2

Expansion:

The property where all grows are located have some available space for expansion.

Additional Information:

Co2 in grows, updated cure/trim areas, reverse osmosis treated water.

Asset List:

 

  • All equipment
  • Supplies
  • Purchased Inventory
  • Plants
  • HVAC equipment
  • Lights
  • Tools
  • Dehumidifiers
  • Tables
  • Curing Flower
  • Finished Flower
  • Reservoirs
  • Nutrients
  • Soil
  • Computers
  • Printers

Law Offices of Clifton Black, PC