Booming Cannabis Business
in Two Protected Towns
THREE CULTIVATIONS & FOUR STORES
One Medical MMC and One Recreational MMC in Each Town
This medical and recreational cannabis cultivation and dispensary operation has been in business since the Obama Justice Department’s Ogden Memo gave the green light to medical marijuana in 2008.
The company has three cultivation centers, two medical dispensaries, and two recreational dispensaries in two of the most popular tourist areas in all of Colorado (total of 7 licenses: two medical OPC, one recreational OPC, two medical MMC and two recreational MMC). One location has a moratorium in place, the other a statutory cap on more Marijuana Centers - as of now, the only way into these towns is to buy. Additional recreational cultivation capacity exists.
2015 is the first full year of recreational sales for one of the locations. Facilities have leases that can be assumed. Owners work part time and assume general management roles.
The company has a bank accepting deposits. No debt and minimal capital expenditure needs exist. Since about half the sales are medical, sales tax is low (already expensed in net income above).
Cash buyer, resident of the State of Colorado. Buyer must execute a confidentiality agreement prior to receiving any additional information.