WeCann is pleased to present an exclusive opportunity to acquire an established, fully licensed greenhouse cultivation business in Carpinteria, California’s premier greenhouse corridor. The operation has ±140,000 SF of mixed-light greenhouse infrastructure across four connected sections, ±105,000 SF of reported canopy, and a full license stack of 11 Small Mixed-Light Tier 2 licenses plus a nursery license. This greenhouse has produced Emerald Cup–winning flower and has a track record of award-winning strains. A buyer gets an established genetics program and the infrastructure and know-how behind it, along with commercial scale from day one, without the time, capital and permitting risk of a ground-up build.

The upside goes beyond the asking price. About 4 additional acres on the same property hold existing greenhouse structures that are currently inactive, giving a buyer a rehab-and-expand path that could roughly double the footprint using infrastructure already in place. The same seller also operates a licensed Santa Ana facility with Type 7 volatile manufacturing, packaging and distribution, about 90 miles down the coast. It’s available separately or as a combined package, so a buyer can own a full Southern California seed-to-sale platform. The underlying real estate may also be negotiable with the landowner. With roughly $9M in historical infrastructure investment and an asking price of about $38 per SF of reported canopy, this is a rare chance to get scale, pedigree and growth runway in one acquisition.

Business Highlights

Asking price: $4,000,000 (operating business; real estate not included)
11 Small Mixed-Light Tier 2 cultivation licenses + 1 nursery license
Emerald Cup–winning facility with a history of award-winning strains
Established genetics program, from nursery and mother stock through precision-controlled flowering
Reported annual production of about 12,000 lbs (subject to confirmation)
±$38.10 per SF of reported canopy
Optional Santa Ana Type 7 manufacturing, packaging and distribution facility, available separately or as a combined seed-to-sale package
Expansion potential on about 4 additional acres of existing, inactive greenhouse structures on the same property
Confidential offering: an executed NDA is required for the address, financials and data room

Property Details

Location: Carpinteria, CA (Santa Barbara County)
Greenhouse improvements: ±140,000 SF across four connected sections
Reported cultivation canopy: ±105,000 SF (category maximum of up to 110,000 SF*)
Site: about 4 leased acres, plus about 4 additional acres on the property for expansion
About $9M in historical development and infrastructure investment
Priva environmental automation (±$750K system)
Industrial boiler and hydronic heating (±$800K–$1M)
Carbon filtration (±$450K)
New irrigation system, nutrient delivery and rolling cultivation benches
Underlying real estate may be separately negotiable with the landowner

Vertical Integration Opportunity

The same seller also offers an operating Santa Ana manufacturing, packaging and distribution facility
The Santa Ana facility has Type 7 volatile manufacturing and distribution licenses active,
Cultivation license has been applied for and will be used for processing purposes.
It sits about 90 miles (~1.5 hours) down the coast, with distribution reach across Los Angeles, Orange County, the Inland Empire and San Diego
Buy either facility on its own, or acquire both as a turnkey Southern California seed-to-sale platform
The seller is motivated to sell both together and is open to more favorable pricing for a buyer who takes the combined package

A NDA will need to be executed to attain the facility address and additional details.

Disclaimer: All information contained herein is provided for general informational and marketing purposes only and is believed to be derived from sources deemed reliable; however, no representation or warranty, express or implied, is made as to the accuracy, completeness, or current applicability of such information. Information presented may include regulatory, licensing, zoning, market, financial, and operational data, all of which are subject to change without notice. Prospective purchasers are solely responsible for conducting their own independent due diligence and are encouraged to verify all information with appropriate governmental authorities and professional advisors prior to making any investment or acquisition decision. This memorandum does not constitute an offer to sell or a solicitation of an offer to buy any security or investment.

Meilad Rafiei – License# 01788589

Documents

Carpinteria_Greenhouse_Flyer_WeCann