Top Cannabis Brand Seeks Partner in Palm Springs Dispensary

Palm Springs, CA (Riverside County)

Seller Financing Available
Top Cannabis Brand Seeks Partner in Palm Springs Dispensary
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Asking Price: $50,000

Cash Flow: N/A

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $12,600 per Month

Established: 2018

Top Cannabis Brand Seeks Partner in Palm Springs Dispensary

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Business Description

Project is partially operational - $50k minimum investment

Available to Accredited Investors Only!

What if the most undervalued cannabis brand is still out there, sitting under the radar?

What if that company has a fully vertical infrastructure and operates a highly profitable statewide legal consumer cannabis delivery service?

What if that company has phenomenal IP, branding, and web domains (PineappleExpress.com & THCExpress.com) synonymous with the cannabis industry and has recently made national news (TMZ) with its consumer cannabis delivery service?

This company is seeking qualified, sophisticated and accredited investors to help it expand over the next year with the guarantee of monthly dividends based on performance and anti-dilution safeguards to protect investors.

Additional Details Below:

(PERCENTAGE IN OUR PALM SPRINGS RETAIL DISPENSARY & CANNABIS PRODUCTION FACILITY )

Location: Palm Springs, CA (Riverside County - Metro Area)

Type of Cannabis Business: City and State Licensed Cannabis Dispensary, Delivery, & Manufacturing

Canna-License Status: Issued and Delivery Service is Operational - Dispensary Currently Under Construction

Building Size and Operational Logistics: In the heart of Palm Springs this project boasts a 10-year lease with one 5-year option period thereafter on a 5600 SF cultivation warehouse including retail storefront and delivery as well.

Project Status: Delivery Service is licensed and operational. The retail dispensary portion is currently under construction with a tentative grand opening of September 2020 for retail dispensary, and cannabis manufacturing activities.

Projected ROI: 100% within first 18 months and 100% every year thereafter.

Sales Price: $50k per 1% ownership of the licensed entity (Total of 51% Offered To Outside Investors).

Highlights: Monthly dividend payouts to investor; anti-dilution provisions protecting investor equity percentage; perpetual put option rights to cash out of investment.

Detailed Information

Location:
Palm Springs, CA
Real Estate:
Leased
Building SF:
5,600
Lease Expiration:
N/A
Employees:
70
Business Website:
http://pineappleexpress.com
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Business Listed By:
Pineapple Express

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