40,000 ft.² facility with 12,000 ft.² licensed cultivation space 30 mins from Toronto

40,000 ft.² facility with 12,000 ft.² licensed cultivation space 30 mins from Toronto
Buy / Sell / Invest:
Outright Divestiture
Location:
Ontario
Licence(s):
Sales for Medical Purposes, Standard Cultivation, Standard Processing
Sq. Footage:
40,000.0 ft²

Turnkey, licensed cultivation and processing facility in the GTA with rec sales amendment is seeking full divestiture

  • Turnkey, 12,000 ft.² licensed cultivation space within 40,000 ft.² building located 30 mins from Toronto, ON

  • Licensed space is comprised of 5 grow rooms, mother/clone room, dry and trim rooms, secure storage, shipping and receiving area, electrical room, cafeteria, changing rooms, and washrooms

  • Facility is currently operational and undertaking propagation, cultivation, seed production, drying, bulk packaging and B2B sales

  • Producing desirable craft cannabis and set up for hang drying, and hand trimming

  • ~$5 million spent on capital expenditures for the customized cannabis facility build-out

  • Facility comes with a range of operating equipment

  • 28,000 ft.² expansion space within the building, which is available to purchase

  • There is a potential option to purchase the building and fully built-out cannabis facility

  • Seeking full divestiture of the licence and going concern business

Seeking outright divestiture of licence and going-concern business with option to purchase the real estate

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