CA – Vertically Integrated 9.04-Acre Cannabis Farm

Santa Barbara, CA | Vertically Integrated 9.04-Acre Cannabis Farm
9.04-acre farm in the county of Santa Barbara, California, conveniently located directly off the 101 highway and is positioned across from the Pacific Ocean. The project will have a fully vertically integrated state of the art facility with approximately 200,000 sq. ft. of Cultivation, Independent Nursery License and a Class 11 Distribution License. In May of 2017, the property was placed on the County of Santa Barbara’s Registry for priority in County and State licensing.
INVESTMENT: $20 Million
USE OF FUNDS: Purchase property, expand greenhouse operations and purchase equipment
LICENSE: 5 mixed-light State Cultivation Licenses. Nursery, processing and distribution licenses have been submitted and are under review.
APPRAISAL VALUE: $10,800,000 (April 2020)