Property Description
Listing #5068
Asking Price: $1,800,000
Overview
Join Humboldt Reserve in building Humboldt County’s next premier cannabis cultivation and processing facility. This ground-up investment funds a fully permitted project, primed for rapid completion with a 6-month timeline to operations. Investors will support a project poised to capitalize on Humboldt’s unmatched cannabis reputation, ensuring top-tier quality and market demand.
Our client is looking for an investor, lender, or JV partner to fund the ground-up construction and equipment acquisition for Phase 1 (22,000 SF canopy) or Phase 1A (10,000 SF canopy). The campus boasts 32 acres approved for 235,004 sq. ft. of indoor flowering canopy, plus a 44,064 sq. ft. commercial nursery, the scale of this project is unmatched. Additionally, 7,200 sq. ft. is dedicated to distribution and processing, and 25,920 sq. ft. for drying and ancillary space, bringing total cannabis development approval to a staggering 7.15 acres.
Project Highlights
- Prime location in Humboldt with extensive power and utilities infrastructure.
- Transmission-level power access with significant rate discounts
- ZERO Local Cannabis Cultivation Tax!
- Full CEQA Compliance for easy annual license
- Fully permitted construction, operational in 6 months post-investment.
- Experienced team with strong ties to California’s cannabis market.
- Design for scalable high-yield production, maximizing output and efficiency.
- First-class compliance and environmental standards.
Investment Details
Structured Returns with Long-Term Revenue Share
- 20% return on initial investment, paid across years 1-4.
- 10% ongoing net profit share starting year 4.
- High early returns: larger payouts in years 1 and 2.
- Investment is dedicated to Phase 1, ensuring direct participation in early operations.
- Opportunity for preferred terms on future phases and expansions.
Jason Piazza – License# 01405965 – WeCann
