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Investment Opportunity Cannabis Facility And Business For Sale

Sechelt, British Columbia, Canada
Asking Price:
$3,500,000 (CAD) Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

The stand-alone facility is located on the beautiful Sunshine Coast, a short scenic ferry ride from Vancouver or a 4 min walk to the seaplane terminal. The industrial building is approximately 4,660 sq ft situated upon 0.5 acres of land, improved for the licensed growth of marijuana. Office space is limited to 10% of the building.

The property is capable of expanding an additional 4,000 sq ft, which would double production capabilities. The current building and equipment is expected to provide 1 million grams of high-quality cannabis per year. The building comes equipped with state-of-the-art security equipment complying with all health Canada requirements. The environment of the growing rooms is entirely controlled, which virtually eliminates crop failure and crop overruns. The facility also has a vault and nutrition area. Over $3.7million has been spent on building the facility to the current standard.

EQUIPMENT
The majority of the facility consists of 9 custom-made and automated modules for air circulation, lighting for plant growth and watering of the cannabis plants to the minutest changes. All of the equipment and fixtures within each module are brand new, antimicrobial, and expected to last a long time. Over $200k in equipment is included with the building. Here is a sample of the equipment that is included with the business.
• UPS backup system
• Vault
• Fire sprinklers
• Computers
• Landscaping
• Safety cones & pylons
• BioTrack THC software
• Hygrometers – Mini Electronic thermometers
• HVAC


BUSINESS
Medma Cannabis Pharms (Medma) has built a facility and is an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant in the active final review stage and will produce medical grade cannabis. However, due to unforeseen personal circumstances, the owners of the business have chosen to sell the facility and business to pursue other interests.
The business has invested a significant amount of capital which has generated over 1 million in capital losses that can be carried forward to the purchaser of the business as long as they continue the operations in cultivation.

Property Information

Real Estate:

Real Property Included

Location:

Sechelt, BC

Premises Details:

4660 sq ft building on 1/2 an acre of land.

Size in square feet:
4,660

Business Operation

Expansion Potential:

Possible to build another 4000 sq ft on the same land.

Competition / Market:

Cannabis industry is going through a second boom with the new US administration. States are legalizing cannabis and with COVID there has been an increase in demand.

Reasons for selling:

Pursue other interests

Employees:
0
Years established:
7

Other Information

Support & training:

The owners will work with the buyer and share all SOPs, licencing application information, consultant information to ensure a successful transition of ownership.

Furniture / Fixtures value:
$350,000 (CAD) - included in the asking price
Related Documents:

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