Invest in the Future of Cannabis | Vertically Integrated Cannabis Operator | Santa Cruz, CA
| A premier California-based dispensary operator is seeking strategic equity and debt partners to participate in a multi-site expansion of their market-proven and fully integrated business model. This is an opportunity to partner with an established operator who has experienced organic growth and now showcases their branded products in over 200 dispensaries in California.They currently employ 42 dedicated team members who operate an existing micro-biz dispensary generating $7.7M topline, and 2 cultivation sites with 5,268sq/ft of canopy and 178 lights generating $3M topline. This operator was recently approved for 2 more licenses for microbiz/cultivation (up to 10,000sq/ft) and a microbiz/dispensary which provides additional revenue/security for a new investment partner. | |||
| TOTAL RETAIL LICENSE & PROJECT FUNDING: $16.63M | |||
| EQUITY OFFER 15% OWNERSHIP | $3.6M | DEBT TRAUNCHED @ NEGOTIABLE FMR | $13.03M |
| LICENSE ACQUISITION & DEVELOPMENT | $2.2M | CAPEX & TENANT IMPROVEMENTS | $7.6M |
| CULTIVATION & DEVELOPMENT | $1.4M | OPEX | $4.6M |
| RLOC | $0.7M | ||
Interested?
We would love the opportunity to share more about this exciting project with you. The next step is for us to set up a short call to go over all of your questions and concerns as well as share with you key information that will aid you in your review of this opportunity.
We would love the opportunity to share more about this exciting project with you. The next step is for us to set up a short call to go over all of your questions and concerns as well as share with you key information that will aid you in your review of this opportunity.
