SOLD: Indoor Cannabis Cultivation, Tissue Culture and Processing Site ~35,000 ft.²

Open To Reasonable Offers
6883824739-B
License(s) Held:
Standard Cultivation, Standard Processing, Sale for Medical Purposes, Recreational Sales Licence (all four categories) and CRA Licence
business overview
~35,000 ft.² indoor, standalone, licensed cannabis cultivation, tissue culture and processing site offers turnkey business opportunity near Toronto.
  • Leased, purpose-designed, ~35k ft.² craft cultivation, tissue culture and processing building with 10k ft.² of canopy space near Toronto
  • Currently operational and undertaking craft cannabis cultivation, propagation, tissue culture, micropropagation, and research activities
  • Facility is comprised of 10k ft.² of canopy space, multiple spaces devoted to mother/clone propagation, clean genetics, tissue culture propagation and R&D activities
  • Facility is flexible and can be scaled up to optimize both dried flower and starter plant production, as well as a full suite of commercial tissue culture and plant breeding activities
  • Full production capability of 1600+ kg/year of craft cannabis flower and/or up to 125K starter plants monthly
  • Ability to avail of supply agreements valued at ~$1.8 million for high THC flower and/or starter plant sales
  • Expert cultivation team potentially available to transition to new ownership
  • ~$5.5 million spent in capital expenditures (leasehold improvements) for the customized cannabis facility build-out
  • Facility comes with a range of specialized equipment and supplies (valued at ~$1 million)
  • Facility has multiple avenues open for expansion with existing HVAC and electrical systems
  • Seeking full divestiture of the licence, lease and going concern business for $3.6 million
  • There is potential option to purchase the fully built-out cannabis facility
Seeking outright divestiture of licence, leased property and going-concern business for $3.6 million

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