CannDev proudly presents a cannabis vertical assemblage that includes up to 4 storefront retail, delivery, cultivation, manufacturing and distribution. Three dispensaries are operational and profitable (Santa Rosa, Arcata, Cathedral City), while a 4th is pre-construction and fully approved (Hayward).
These deals would allow a buyer to enter the NorCal and SoCal market immediately via acquisition of 3 operating storefronts and a manufacturing facility, while having the ability to add a cultivation, distribution and retail store in Hayward in a campus-like setting.
Located in Santa Rosa this high-grossing, high-performing destination store has an innovative sensory experiential showroom that creates sticky customer engagement and is the ultimate brand activation platform for companies desiring to expand a brand in NorCal. Considered one of the most innovative dispensaries in the country.
This is the best-located dispensary in Cathedral City, along major thoroughfare seeing 28,000 cars per day. Generating 42% higher than revenue compared to competitive average. High level of fixturing and finishes and surrounded by national retailers. Store is part of a regional chain with strong brand equity and brand licensing opportunity is available.
East Bay Area
Retail-anchored multi-use cannabis facility in Hayward, suitable for vertically integrated user as HQ-style campus conveniently serving East Bay and San Jose commuter markets. With over 15,000 traffic counts this location is pre-revenue and includes 5000/sf of finished lab/manufacturing space for immediate occupancy. Location has up to 34,000/sf of entitled space for cultivation (existing greenhouses), manufacturing type 6, distribution, delivery and storefront retail.
High performing operating dispensary located in Arcata, at nexus of Rt 101 and Rt 299 with inline national tenants such as Subway, Carls Jr and Dollar Tree. Within walking distance of 6 national hotel chains, this is the only dispensary in Arcata with easy highway access. Family-run business with loyal customer base, and excellent financials. Strong management team utilizing distribution license (microbusiness) to improve buying power, tight expense management, and strategic sourcing of local and hard-to-find brands.
Note: Assets can be acquired concurrently for a vertical
assemblage or individually, as needed.
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