A brand and facility are for sale; a standalone, fully automated, fully operational leased facility, operating as a Licenced Standard Producer, Standard Cultivator, Medical Sales, located in the sunny Okanagan Valley.
Growing, packaging, and selling to multiple provinces including ON and Central and Direct Delivery in BC.
Currently operating and generating revenue.
17,000 ft2 licensed with ~8,000 ft2 currently in production as a premium quality “craft” grower, ready for expansion. Level 7 security approved and ready for current and future Schedule 2 narcotics. The build-out includes 8 grow rooms, an order processing room, admin offices, staff room, shipping and receiving, and other support rooms. A new 10-year lease at $6500 per month plus triple net, plus COA, with right of first refusal on the optional future land and building purchase.
$6.0M to build the business, taking offers to $500K.
Key security cleared personnel willing to support the transition long term or short.
This is a rare opportunity to live and grow in the sunny Okanagan known for its wineries, fruit orchards, and cannabis. The City of Kelowna, on the shore of huge Okanagan Lake, is surrounded by pine forests, provincial parks, lakes, and several ski resorts.
Additional Information
Business Model: Cannabis Cultivation, Packaging Dried Flower and Pre-rolls, Provincial Wholesale Cannabis Sales, Provincial Direct Delivery, Setting up for Live Resin processing and sales.
Licensed Facility: 17,000 ft2 leased facility, the lease up for renewal, ~ 8,000 ft2 developed although the entire facility is licensed.
It has five flower rooms with sixteen lights per room – 80 flower lights – possible 375 kg year at 2.0 lbs per light.
Current Operations: seven staff, QAP, Admin, Six Grower/Production Workers. All but two of the staff have university degrees relative to their roles. The facility is fully operational growing, packaging, and selling cannabis.
Current Financial Situation: Generating steadily increasing revenue.
Facility Lease – Currently being negotiated – please inquire.
Facility Pictures – Due to size, please request pictures.
In October 2023 it will deliver our first shipment to Ontario Cannabis OCS. It is currently selling to BCLDB.
Type of Sale: Full or partial sale of the business, merger with another LP, all options are currently open beginning with outright sale.
Timing: Ready to sell or partner.
