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Agriculture

Commercial Cannabis Cultivation Farm

Clearlake, CA, USA
Updated 94 days ago

A turnkey licensed commercial cannabis cultivator farm located in Lower Lake, CA. The registered owner of the business focuses on wholesale cannabis production. The business has an Adult-Use and Medicinal Small Mixed-Light Tier 1 license. Under this license, the operator can legally grow up to 10,000 sq. ft. of canopy. This license was created on October 13, 2020 and is renewable annually. The value in this business is the land value, infrastructure, and licensing. The seller is retiring out of state and cannot operate the business as an absentee owner.

Real Estate

Real Property Included

Management Type

This business has absentee ownership.

Premises Details

This is a seller-owned location of 21 acres, available for $700,000 and included in the listing price. Seller is not currently active. The asking price is for 21 Acres (Appox) of Land and License to operate Cannabis Farm. County of Lake use permit, cannabis cultivation license/adult use and medicinal are required.

Years Established

7

Support & Training

Fourteen business days.

Size In Square Feet

914,760

Reason for Selling

Unable to manage as absentee owner.

Financials

Asking Price
$800K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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