Business Description

We operate a successful retail dispensary in Southern California that is set to open in September 2024 after renovation. The location holds valuable city and state permits, estimated to be worth over $1.5 million. The owner can choose to utilize our experienced management team and license our brand for an absentee ownership or run the business independently. The full buyout opportunity, including turn-key delivery, is priced at $1 million. This dispensary is one of only 300 legal ones in Los Angeles and less than 1000 across California. With cannabis commerce legal in 41 states and D.C., California stands out as the largest market, especially in Los Angeles. As the industry evolves and cannabis becomes more mainstream, valuations are expected to rise significantly. Note that the numbers provided are modeled projections based on historical financials, with revenue and profitability typically increasing from the second year of operation onwards. If you're interested in owning a piece of history in the rapidly growing cannabis industry, this opportunity offers a