Licensed LA Cannabis Dispensary in San Pedro

In Metro Los Angeles - San Pedro Zone Dispensary is available for $1.2m on an Absentee Owner basis. An experienced management team is already under contract per location. As with all 200 licenses issued in Los Angeles in various zones throughout the City, this is a social equity license. Per Los Angeles Department of Cannabis Regulations (LADCR) rules, the Social Equity Partner must remain on in an executive capacity and retain an equity stake. The remainder of the equity stake is available to an absentee owner. We have multiple SoCal locations which are branded and managed by us as experienced cannabis retail operators. Interested parties will need to sign an NDA before receiving additional information on the opportunity. Accredited (High Net-Worth) individuals only please. Projections under new ownership and with existing management: $8.66m Top-line Revenue, $3.91m Gross Profit, $2.45m EBITDA Inquire for further information. Location: Rancho Palos Verdes, California Year Established: 2021 Number of Employees: 7 Facilities: To be disclosed upon execution of NDA. Market Outlook/ Competition: To be disclosed upon execution of NDA. Growth & Expansion: To be disclosed upon execution of NDA.