Annual Class 1 Cannabis Cultivation License For Sale (Atlantic, NJ)

Cannabis Cultivation License For Sale (Atlantic County, NJ)

A Unique opportunity to acquire an Annual Class 1 Cultivation Cannabis License in New Jersey. The sale is for the license only and to rent the space, if needed the license can be moved to another location. The cultivation license has been approved for use of 4 Acres on the 20 ½ Acre property it sits on. The space is pre zoned for Indoor Cultivation, Manufacturing, Wholesaler, Distributor, and Delivery, adding to its value. The owner has already begun working with the state to begin the site planning for the area. It is located in the middle of the city near residential buildings. The New Jersey market projections estimating the adult-use market to reach $2 billion by 2026, the potential for lucrative returns is significant. The limited number of issued licenses coupled with the high demand underscores the exclusivity and value of acquiring this cultivation and manufacturing license.

Offering up to 150,000 square feet of canopy space, this license provides ample room for cultivation. Furthermore, the flexibility to begin construction on a clean canvas allows you to create the space that fit your needs. The owner is open to most scenarios in the event the buyer would like to rent the space from them.

This opportunity is ideal for various parties, including entrepreneurs aiming to capitalize on New Jersey’s thriving cannabis market or multi-state operators seeking to expand their presence. Whether one’s goal is market penetration, diversification, or entry into a rapidly expanding sector, this license serves as a strategic asset.



Details:

Space: 20 ½ Acres (Cultivation 4 Acres)
Room For Expansion
Rent: TBD
Lease Terms: TBD


Licenses:

Class 1 Tier VI Cultivator may cultivate in a mature cannabis plant grow canopy area that is greater than 100,000 square feet, but does not exceed 150,000 square feet.


Asking Price: $3,999,999.00 (Seller Open to Offers)