Purpose-built licensed cultivation & processing facility in SW Ontario offers turnkey opportunity and immediate expansion capability
Standard Cultivation, Standard Processing, Sale for Medical Purposes, CRA Cannabis Licence
Seeking outright divestiture of wholly-owned property, licence and business for $8,900,000
A fully owned and fully operational 30,000 ft.² building with half the space fully built-out and operating, and half the space available for expansion at buyer’s discretion.
The facility sits on a 46-acre site with outdoor cultivation potential.
The facility offers 2 large flower rooms, a mother/clone room, a vegetation room, 2 drying rooms, a secure storage room, a destruction room, a separate shipping & receiving area and ancillary spaces.
The main production building is a secure brick, steel-clad structure which is fully-fenced, gated and under 24-hour video surveillance.
There is a separate ~2k sq ft building suitable for a future farmgate store.
Currently cultivating unique, high-THC craft cultivars sold through licensed sales partners to the Ontario Cannabis Store and soon-to-be other Provincial distributors
Possesses an exceptional genetic library of over 200 cannabis cultivars and 3,000 seeds
Includes a craft cannabis brand with shelf space in Ontario retail stores
Projecting $1.7 million sales revenue in 2022
Lean operating costs
Plentiful supply of water
The opportunity for future expansion includes adding an additional 8 grow rooms adding another 11,000 sq ft of growing space, along with more processing, packaging and extraction spaces. There is also ample room for outdoor cultivation at this site.
Just under $2 million spent building-out the site and over $250,000 equipment included in the sale price.
The market valuation for the real estate only (i.e. not including cannabis related improvements) is $4.6 million
Shareholders are seeking a full divestiture