This lease offers the opportunity to purchase an entitled Type 7 Cannabis Manufacturing and Type 13 Distribution facility that is eligible for both medical and recreational use. An operator may be able to begin production in as little as six months. The subject property has approved applications for: Type 7 Manufacturing - Extractions using violative solvents - Extractions using mechanical methods or nonvolatile solvents - Infusion processes - Edible products manufacturing - Packaging, re-packaging, labeling and re-labeling cannabis products Type 13 Distribution - Distributor and Self-Distribution; transportation of other businesses products and their own products. Upon completion and final inspection of the entitled build-out, a certificate of occupancy and business license will be issued. Construction and operating plans are available to be viewed to qualified parties. The city of Long Beach has already approved the subject property’s business license applications. Because this happened prior to a specific deadline, no Conditional Use Permit (CUP) will be necessary for operation under both medical and recreational capacities.
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