3433745896

Scalable, purpose-built licensed cultivation & processing facility in Saskatchewan offers turnkey opportunity at an affordable price

Licence(s) Held:

Standard Cultivation, Standard Processing, Sale for Medical Purposes, Recreational Sales Amendment (dried flower and pre-rolls)

3433745896

Seeking outright divestiture of the licence, wholly-owed property and business assets for $7 million

  • A standalone, wholly owned ~50,000 square-foot licensed cultivation, processing, medical sale facility sitting on a ~5 acre site in Saskatchewan.

  • Phase 1 currently operational with ~13,500 square feet built out and comprised of 2 x full-scale grow rooms, mother room, cloning/propagation room, veg room,  drying room, 2x trimming room, packaging room, irrigation room, secure storage room, destruction room and shipping and receiving, shipping office, gowning area, 2x change rooms, shower room, 3 x office spaces, IT, security and QA rooms

  • Phase 2 is 50% completed and consists of 4.5k sq ft of space to construct another 2 full scale grow rooms and extra processing space

  • There is an additional 30,000 square feet of undeveloped warehouse space for further expansion at buyer’s discretion

  • Currently undertaking cultivation, processing, sales and distribution

  • Current flower production is ~700kg annually and can be ramped up to approximately 1,500 kg annually

  • Includes a few multi-province sales agreements and B-2-B contracts

  • ~$12 million capital investment has been made on the customized cannabis build-out and fit-out

  • The land and property value are valued ~$6 million

  • Site and facility are ripe for future expansion (e.g. 34,500 sq ft of expansion area in existing building, extending existing building, adding a greenhouse, adding outdoor cultivation, etc.)

  • There is an option to acquire adjacent 5.5 acres parcel of land for below the market value

  • Owners are seeking a full divestiture of the wholly-owned facility, licence and going-concern business for $7 million

3433745896

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