Property Description
Listing #5305
Asking Price: $995,000
Wecann is pleased to present a pre-operational New York Tier 2 indoor cultivation license authorizing up to 12,500 SF of canopy, giving qualified buyers a direct path into, or a meaningful expansion within, New York’s growing adult-use market. The license is portable, so a buyer can relocate operations to their own OCM-approved site and build to their own plan. Conversion to mixed-light/greenhouse at the same canopy allowance has already been approved and can be done immediately, and the license can be upgraded to Tier 1 indoor for additional canopy once the Tier 2 operation is up and running, subject to OCM approval. Please note the license was issued under the Social and Economic Equity (SEE) program, so during the first three years after issuance it may only be transferred to a qualified SEE applicant with written Cannabis Control Board approval.
License Highlights
- Active Tier 2 indoor cultivation license with up to 12,500 SF of canopy
- Fully portable: can be relocated to another OCM-approved property
- Conversion to mixed-light/greenhouse at the same canopy allowance already approved and available immediately
- Upgrade to Tier 1 indoor for additional canopy available after the Tier 2 is operational, subject to OCM approval
- Issued under the SEE program: during the first three years after issuance, transferable only to a qualified SEE applicant with written Cannabis Control Board approval
Pricing & Terms
- Asking price: $995,000
- One-year seller financing available to qualified buyers, subject to agreed terms
- Price negotiable for all-cash offers
Optional Site The seller’s preference is for the buyer to move the license to another property, but they are open to offers to lease the current site. The license sits on a 21-acre lot with a heavily rehabbed building in great condition, where 6,000 SF is vacant and ready to house the cultivation operation. The site also offers 600-amp, 3-phase power and its own private well.
NDA required for 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, but is not limited to, 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.
Meilad Rafiei – License# 01788589 – WeCann
