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