~50,000 sq ft licensed cultivation and processing facility with rec sales in Saskatchewan at an affordable price
Scalable, purpose-built licensed cultivation & processing facility in Saskatchewan offers turnkey opportunity at an affordable price
Listing ID:
3433745896
Licence(s) Held:
Standard Cultivation, Standard Processing, Sale for Medical Purposes, Recreational Sales Amendment (dried flower and pre-rolls)
Seeking outright divestiture of the licence, wholly-owed property and business assets for $7 million
Listing Details:
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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