~6,500 ft.² micro cultivation facility in BC with EU-GMP designed post-harvesting
Buy / Sell / Invest:
Outright Divestiture
Outright Divestiture
Location:
British Columbia
British Columbia
Licence(s):
Micro Cultivation
Micro Cultivation
Wholly-owned cultivation facility with EU-GMP compliant post-harvesting and packaging space, located in the Okanagan, British Columbia
- Wholly-owned, standalone, ~6,500 ft.² cultivation facility sitting on ~10 acres of agricultural land in British Columbia
- Facility is comprised of 4 grow rooms and propagation room, EU-GMP designed drying room, trimming room, processing and packaging rooms, secure storage, office, staff area, decontamination or gown up room, irrigation room, and shipping/receiving area
- Facility is fully built and partially finished, meaning it can be transformed to suit a variety of cannabis production activities
- Facility is suitable for cannabis cultivation/EUGMP post harvesting, and can be used for indoor vertical farming, and/or converted 5 agritourism units with a farming or winery component
- Total invested in property and capital improvements over $3.5 million and warehouse replacement of $1.8 million
- Retained EUGMP consultants for the design-build of EU-GMP compliant post-harvesting area
- Current real estate and land appraised at $4 million appraised as of Spring 2022. Copy available upon request.
- 10-acre site comes with two small residences and a vineyard, with an area suited for outdoor cannabis cultivation, or build additional warehouses
- Great investment opportunity to own and develop an EU-GMP compliant cannabis production facility, taking advantage of the low agricultural taxes
- Owner is seeking a full divestiture of the business and wholly-owned facility for $3.49 million