KannaLuv Cannabis Dispensary Located in North Hills, CA

James Capital Advisors is pleased to present a rare opportunity to purchase KannaLuv Cannabis dispensary located in North Hills, CA. Recently opened in May 2021, KannaLuv has a very competitive lease, as well as strong sales and the potential for revenue growth through additional marketing and the expansion of the delivery business in a very populous San Fernando Valley. The current market for cannabis dispensary acquisitions in California is as robust as it has ever been. Cannabis M&A activity in 2021 was the highest on record, and expectations are that 2022 will outpace that performance. So far, this year has seen tremendous consolidation in the industry as a dramatic dip in flower prices in 2021 has forced small and mid size companies out in favor of larger, more efficient organizations. This dip in prices has also highlighted the need for businesses to control their full supply chain to include point of sale. This has created a demand for quality dispensary locations from existing in-state operators as well as large out of state operators who are looking to gain some market presence in California for the first time. Location: Los Angeles, California Year Established: 2021 Number of Employees: -1 Real Estate: Leased Building Sq. Ft.: 2,211 Rent: $4,200.00 Per Month Facilities: Fully Operational Retail Dispensary in LA - A chance to take over a dispensary that has been open since May 2021 with healthy sales, an existing consumer base and an opportunity to build out delivery sales in a very populated part of LA. Highly Populated Retail Dispensary - Located in the heart of the San Fernando Valley. Signalized Intersection - Rare chance to own a dispensary at a traditional, high quality retail corner. Only 1 of 2 North Hills Dispensaries - Only 2 dispensaries located in a high density North Hills, allowing for lots of revenue.