~20,000 ft.² licensed cultivator and processor in Quebec

~20,000 ft.² cultivation and processing facility with ~$3.9 million spent on leasehold improvements is looking to divest of the licence, leased property and business in Quebec

• Leased, purpose-designed, ~20k ft.² cultivation and processing building sitting on 181k ft.² of land in Quebec
• Facility has 2 mezzanines and is comprised of 8 grow rooms, 2 drying rooms, packaging and labeling room, trimming room, secure storage + quarantine, materials/equipment storage, quality assurance office, electrical room, shipping and receiving, destruction, cafeteria, locker room (men and women), meeting room, server room, security office, administration offices, archives and medical sales office
• Facility is fully built and partially finished, and is designed for a hydroponic or aeroponic cultivation system with the possibility of growing vertically and horizontally
• The licensed site is currently non-operational and is on a long-term lease (25 years)
• Full production capability of over 1,300KG annually
• ~$3.9 million spent in capital expenditures (leasehold improvements) for the customized cannabis facility build-out
• Facility comes with a range of equipment (non cultivation equipment)
• The site has room for further expansion where there is possibility of extending the existing building by 70k ft.²
• Seeking full divestiture of the licence, lease and going concern business for $1.9 million o.b.o
• There is a potential option to purchase the fully built-out cannabis facility and land

Seeking outright divestiture of licence, leased property and going-concern business for $1.9 million o.b.o

https://www.hydeadvisory.com/listing/9313292907