Business For Sale & Franchise Search Engine  
   
My Account

Businesses For Sale > Business For Sale in Orange County, California (CA)

Medical Cannabis Business (Absentee) for sale in Orange County, CA

Orange County, California (CA)

Asking Price: Gross: Cash Flow:
$ 1,000,000 $ 3,000,000 $ 750,000

Furniture and Fixtures Value:
$ 75,000 (included in the asking price)

Inventory Value:
$ 100,000 (included in the asking price)

Business Summary:
Join the Green Rush! If you were, would you have the guts to take the risk to potentially strike gold or would you be the person sitting on the sidelines?The Medical Marijuana Business is today’s Gold Rush!Now is the time to invest in the Cannabis Industry. 29 States have already legalized it. If you wait until the Federal Government follows suit, it will be too late and everyone and their mother will get involved.The Opportunity is NOW. The Risk Takers of TODAY will be the Industry Players of Tomorrow.Over 23,000 studies tout the benefits of medical cannabis for people facing everything from Alzheimer’s disease to chronic pain to diabetes, and cannabis is becoming mainstream. Backed by an enormous body of scientific research, ever more progressive cannabis laws, and enthusiastic public opinion, cannabis is earning the reputation it deserves as a groundbreaking health solution.There are over 200 Conditions that benefit from Medical Cannabis. Some of the Conditions are:Chronic Pain • Neck Pain • AIDS/HIV • Anorexia • Sinusitis • Chronic Back PainMigraines • PMS • Nausea • Depression • Anxiety • Insomnia • ArthritisCancer • Autism • PTSD • Gastritis • ADD • ADHD CANNABIS INDUSTRY STATISTICSMore than 1.2 million people already use medical marijuana for a wide variety of medical problems, from cancer to epilepsy to depression. If you’re not sure how the industry is shifting, consider these statistics:$7.1BThe estimated size of the legal U.S. marijuana industry (both medical and recreational) in 2016 – a boost of more than 25% over the year 2015. This substantial increase is linked to massive growth in Colorado, Washington, Oregon and other states expected to approve both medical and recreational use.89%The percentage of Americans who support the legalization of marijuana for medical treatment if prescribed by a doctor. In 2011, 74% did. Attitudes toward marijuana continue to shift, with the public becoming accepting toward marijuana use every single year.29States (and Washington, D.C. and Puerto Rico) that have already legalized medical marijuana, and voters in 4 states approved measures to legalize recreational marijuana last year alone. Broadening acceptance of recreational marijuana have pushed a total of 8 states to legalize adult use, and efforts are already underway for a 2018 ballot initiative in Michigan.$1.3BThe amount of recreational and medical marijuana sales in Colorado in 2016 alone. Meanwhile, Washington’s 2016 recreational sales of $696 million were nearly double from the year prior. Tax revenue from states where recreational marijuana is legal is already being used to fund education, improve infrastructure, and feed the homeless.$688MThe estimated size of the 2016 hemp market, including CBD products ($130 million), foods ($129.3 million), and personal care products ($163 million). This marks an estimated 20% increase over 2015, and doesn’t even include sales data from big box retailers, which could more than double the estimate.69%Percentage of physicians who support nationwide legalization of medical cannabis, according to a survey by WebMD/Medscape. As acceptance by the medical community snowballs, physicians are petitioning to open quality testing labs, marijuana clinics, and other businesses.183MNumber of people who used marijuana during 2014, according to the United Nations, making it the most commonly used drug globally. This counted for 3.8% of the global population. Over 94 million people in the U.S. have self-reported using marijuana at least once.31Number of states that have passed legislation allowing certain farmers to legally grow hemp in 2017. At least 16 states have legalized hemp for commercial purposes, and 20 have passed laws allowing research and pilot programs.16States with controversial laws that allow CBD oil from marijuana, with low THC. These laws do provide limited access to CBD in jurisdictions that are highly unlikely to legalize medical marijuana. However, they overlook the fact that CBD from hemp is already available in all 50 states.

 

   
Year Business was Established: 2013
   
Number of Employees: 12  
   
Potential Growth/Expansion: Legality of Cannabis & Hemp On a federal level, it is illegal to grow cannabis in the United States. Compounds from cannabis, whether they come from hemp or marijuana, are considered schedule 1 drugs, which means the government believes these cannabinoids have no medical use. There are of course risks investing in the Cannabis Industry today. However, the future for new laws to be passed looks bright and those that can see the potential and start investing today will be the smart investors of tomorrow.  
   
Competition: CBD, THC & Cannabinoids When many people think “cannabis”, they think of marijuana plants. And while marijuana and hemp plants are part of the same species, Cannabis sativa L., hemp is the food and fiber part of the plant, while marijuana is cultivated to maximize tetrahydrocannabinol (THC), the element that makes the user feel “high”. Both hemp and marijuana contain dozens of cannabinoids, naturally occurring chemical compounds, but it is cannabidiol (CBD), in particular that offers many health and therapeutic benefits – without the high. Hemp plants typically contain elevated levels of health-enhancing CBD, but by definition contain only trace levels of THC. This makes the hemp plant – gives hemp a lot of health potential, very attractive to those seeking an antioxidant-rich lifestyle, but not to recreational users. – without the side effects of marijuana.  
   
Owner willing to finance: Owner Financing  
   
Owner willing to train: Yes  
   
Seller Reference Number: bm1291361234
BusinessMart.com Listing Number: 218972
 

 

To request more information
on this business
please fill out the form shown right





Businesses For Sale by City & State
Arizona
Chandler
Flagstaff
Phoenix
Scottsdale
Tempe
Tucson
California
Long Beach
Los Angeles
Orange County
Sacramento
San Diego
San Francisco
San Jose
Santa Clarita
Colorado
Aspen
Boulder
Colorado Springs
Denver
Fort Collins
Connecticut
Hartford
    Florida
Boca Raton
Brevard County
Broward County
Fort Lauderdale
Fort Myers
Jacksonville
Miami
Ocala
Orlando
Palm Beach
Sarasota
Tallahassee
Tampa Bay
Georgia
Atlanta
Augusta
Savannah
Illinois
Chicago
Massachusetts
Boston
Minnesota
Minneapolis
St. Paul
Missouri
Kansas City
St. Louis
Nebraska
New Jersey
Central Jersey
North Jersey
South Jersey
    New York
Albany
Bronx
Brooklyn
Kings County
Long Island
Nassau County
New York City
Queens
Staten Island
Suffolk County
Westchester County
North Carolina
Charlotte
Greensboro
Outer Banks
Raleigh / Durham
Ohio
Cincinnati
Cleveland
Columbus
Pennsylvania
Philadelphia
Pittsburgh
Texas
Austin
Dallas
Fort Worth
Houston
San Antonio
Utah
Salt Lake City

Other
CANADA
UK
More Businesses For Sale
Businesses For Sale in Orange County California
Franchises For Sale in Orange County California
Medical Cannabis Business (Absentee) For Sale in Orange County California

Businesses For Sale by Category
Restaurants For Sale in Orange County California
Car Washes For Sale in Orange County California
Orange County California Laundromats For Sale
Liquor Stores For Sale in Orange County California
Orange County California Gas Stations For Sale
Convenience Stores For Sale in Orange County California
Internet Business For Sale in Orange County California
Orange County California Nightclubs & Bars For Sale
Automotive Businesses For Sale in Orange County California
Orange County California Routes For Sale
Orange County California Pet Businesses For Sale
Wholesale & Distribution Businesses For Sale in Orange County California
Manufacturing Businesses For Sale in Orange County California
Marinas For Sale in Orange County California

Buying a Business Resources
Buying a Business in Orange County California
The Advantages of Buying An Existing Business in Orange County California
Forget The Asking Price of A Business For Sale
Getting Into Business: Medical Cannabis Business (Absentee)
How To Value A Medical Cannabis Business (Absentee)

 

Printer Friendly or E-mail this Listing

CONTACT SELLER

Full name:*

E-Mail:*

Telephone:*

Message Text:*

Disclaimer:

We are committed to your privacy. By clicking the Check Availability button you agree the phone number you provided may be used to contact you (including autodialed or pre-recorded calls), even if you are on the DNC list. Consent is not a condition of purchase.

©2024 MH Sub I, LLC dba Internet Brands
Broker Membership | Terms Of Use | Financial Disclaimer | Privacy Policy | Cookie Policy | Resources | Franchise Opportunities | Website Traffic Ranking | Sitemap | Careers | Contact Us | Manage Preferences Your Privacy Choices