9642101764

Wholly-owned cultivation facility with EU-GMP compliant post-harvesting and packaging space, located in the Okanagan, British Columbia

Licence(s) Held:

Micro Cultivation Applicant

9642101764

Seeking outright divestiture of business and wholly-owned property for $3.49 million

  • Wholly-owned, standalone, ~6,500 ft.² cultivation facility sitting on ~10 acres of agricultural land in British Columbia

  • Facility is comprised of 4 grow rooms and propagation room, EU-GMP designed drying room, trimming room, processing and packaging rooms, secure storage, office, staff area, decontamination or gown up room, irrigation room, and shipping/receiving area

  • Facility is fully built and partially finished, meaning it can be transformed to suit a variety of cannabis production activities

  • Facility is suitable for cannabis cultivation/EUGMP post harvesting, and can be used for indoor vertical farming, and/or converted 5 agritourism units with a farming or winery component

  • Total invested in property and capital improvements over $3.5 million and warehouse replacement of $1.8 million

  • Retained EUGMP consultants for the design-build of EU-GMP compliant post-harvesting area

  • Current real estate and land appraised at $4 million appraised as of Spring 2022. Copy available upon request.

  • 10-acre site comes with two small residences and a vineyard, with an area suited for outdoor cannabis cultivation, or build additional warehouses

  • Great investment opportunity to own and develop an EU-GMP compliant cannabis production facility, taking advantage of the low agricultural taxes

  • Owner is seeking a full divestiture of the business and wholly-owned facility for $3.49 million

9642101764

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