About this property
- One (1) Adult-Use Cannabis Mezzobusiness License available for sale in Minnesota, a rare opportunity to enter a high-growth market.
- Paper license only with no real estate attached to the sale.
- Additionally, this is not a Social Equity License, meaning fewer restrictions on ownership transfer, making it an attractive option for investors, multi-state operations, and/or entrepreneurs seeking to expand their footprint.
- With a projected $1.4 billion market size, Minnesota is set to become a regional cannabis leader, especially with neighboring Wisconsin, Iowa, North Dakota, and South Dakota as prohibited and limited cannabis markets.
- Only fifty (50) Adult-Use Mezzobusiness Licenses were awarded statewide, creating a competitive advantage for early entrants.
- Operate up to three (3) retail locations under one license. Each location requires a local retail registration from the applicable local government per Minnesota Statutes, section 342.22.
- Grow up to 15,000 SF of indoor plant canopy or one (1) acre of mature outdoor flowering plants, with the potential for the outdoor limit to be increased to up to three (3) acres.
- Transport cannabis between facilities under the same license holder, subject to additional application requirements.
- Sell immature cannabis plants and seedlings, Adult-Use cannabis flower, Adult-Use cannabis products, lower-potency hemp edibles, hemp-derived consumer products, and other products authorized by law to other cannabis businesses, businesses licensed by a compacted Tribal regulatory agency, and customers.
- Additionally, the license allows operators to manufacture and process cannabis and hemp products, purchase products and plants from other licensed businesses, and package authorized products.
Location
- Address
- MN