Type of License: Medical Marijuana Product Manufacturer (Infused Product License) and Medical Cultivation Facility License, class 2.
Located, in Colorado Springs, Colorado.
Price: $400k for licenses, and assets.
$950k for included Real Estate, with Seller’s option to buy from property owner.
Lease:
Monthly Rent: $8,000
Term: 4.5 years
Landlord Friendly: Yes
Plants:
Class 2, with 1,500 plants permitted.
Average Flower Plants on Premises: 300
Average VEG Plants on Premises: 200
Average Clones on Premises: 200
Average Weight Produced: 60-100 lbs. (harvest is every 2 months)
Revenues:
2020 Revenues: $5.45 Million
2021 Revenues: $4.5 Million
Profits:
2020 Profits: $1.374 Million
2021 Profits: $797,000
Layout:
Square footage of Grow: 4,500 sq. ft.
Square footage of MIP: 1,500 sq. ft.
Ceiling height of each location: 10 ft. or higher
Electrical and HVAC:
Electrical: Phase 3, on all buildings, 800 AMPS, newly updated.
HVAC: 5 years old on most equipment, adequate AC for flower, VEG, and Lab.
Lighting: There are 4 Rooms currently set up for cultivation. All rooms are controlled by iponic environmental control systems. Rooms 2, 3, and 4 have natural gas Co2 enrichment.
Room 1 (Propagation): 15.5’x 19’, there are six 630watt LEC Fixtures, four 400watt t5 fixtures. Room is cool by a 3-ton AC unit.
Room 2 (VEG): 23’x28’, there are sixteen adjustable (500-1150watt) Gavita fixtures arranged in four rows, with four lights/ The room is cooled by two independent AC systems, a 5-ton commercial AC Unit.
Room 3 (Flower Room 1): 30’x33’ There are 36 Gavita fixtures arranged in six rows of six lights. The room is cooled by two independent AC systems, a 10-ton AC Unit, and a 12-ton AC unit.
Room 4 (Flower Room 2): 30’x31’ with 30 Gavita fixtures, five rows with six lights. The room is cooled by two independent AC units, a 7.5-ton and a 12-ton AC Unit.
Employees:
Number of Employees: 4
Number of Managers: 2
Employees desiring to stay: Yes
Financing: Owner Carrying would be considered on case-by-case basis from the Seller.
Asset List:
• 100 – Double ended HPS, Lights
• Blast proof room rating, Class 1, Div 1 booth and hood
• Extractor Pump
• All grow equipment for turn operation.
