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Buy&Hold (Industrial/Retail): Licensed Medical Marijuana Grow&Dispensary, Grove, OK - PENDING SALE

Updated: Dec 14, 2023

Commercial Investment Opportunity







Price

$1,200,000


Exceptional Investment Opportunity: Fully Licensed Medical Marijuana Grow and Dispensary in Grove, Oklahoma


Overview:

  • Fully Licensed and Compliant: This thriving cannabis operation holds licenses for a nursery, cultivation, and retail, ensuring complete compliance with state regulations.

  • Secure Leases: Enjoy peace of mind with recently renewed 2-year leases for each operation, with the option to extend up to 10 years.

  • Expanded Capabilities: Recently upgraded to a 95-light grow system, this facility now triples its output capacity, presenting immense growth potential.

  • METRC Tracking: Benefit from comprehensive METRC tracking, guaranteeing transparency and accountability in retail and wholesale operations.

  • Wholesale Success: An established wholesale division with over 10 reliable clients is already in place.

  • Impressive Sales Record: Between May 10, 2022, and September 29, 2023, the company has achieved approximately $630,000 in sales, meticulously recorded and METRC-backed.

Management Excellence:

  • Dedicated Leadership: A seasoned management team is ready for a smooth transition to new ownership.

  • Expert Growers: Highly skilled cultivators are committed to maintaining and expanding the grow operation.

Listed at $1,200,000:

  • Competitive Pricing: Seize this lucrative opportunity for a competitive price of $1,200,000.

  • Financing Available: Explore financing options to facilitate your investment.

Why Invest:

  • Secure and Legal: Full compliance with state regulations and licensing requirements ensures a secure and legally sound operation.

  • Growth Potential: The recent expansion to a 95-light grow system strategically positions the business for substantial growth in the thriving medical marijuana market.

  • Diversified Revenue Streams: With income derived from both retail dispensary sales and established wholesale clients, this business offers reduced risk and increased stability.

  • Proven Success: The exceptional sales figures from May 2022 to September 2023 underscore the operational excellence and market demand.

  • METRC Accountability: Rigorous METRC tracking guarantees accurate and transparent record-keeping for your peace of mind.

  • Lease Security: Locked-in leases with extension options offer stability and the potential for long-term growth.

Additional Information:

  • Nursery Details: The nursery boasts 27 lights and 243 Mom plants, producing 7,000 clones every 20 days, with a projected yearly income of $1,277,500.

  • Cultivation Operation: The cultivation operation features 65 lights and 650 flowering lights, with two rooms presenting the potential for $825,000 in yearly projected income.

  • Retail Success: The retail operation is equipped with drive-through capability, operates until 2 am, and has been successfully serving customers for a year, with a projected income of $400,000.

Don't Miss Out: Invest in this thriving, fully licensed medical marijuana grow and dispensary operation strategically located in Groove, Oklahoma. With secure leases, expansion opportunities, a proven track record of success, and a strong management and grower team in place, this is an investment opportunity you won't want to pass up. Act now to secure your stake in this lucrative and growing industry.


Aerial View


"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT PROPERTIES, NATIONWIDE"




PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*


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