Property Description

Listing #5138

Asking Price: $999,000

Break Into New York’s Cannabis Market with a Rare License + GMP-Ready Facility!

This is a unique opportunity to acquire a fully approved Adult-Use Processor License in New York, one of only 267 active licenses statewide with 82 pending as of January 2025, with no clear timeline for future licensing rounds. The offering includes lease rights to a 2,000 SF GMP-ready facility in Pearl River, NY, just 25 minutes from NYC, located in a secure life science campus previously operated by a major pharmaceutical company. The space meets GMP and food inspection standards, requires minimal buildout, and is ideal for producing edibles, tinctures, concentrates, and more, with rent at $5,500/month. The seller, an experienced processing facility owner/operator, is open to either selling 100% equity in the license or bringing on a 20% strategic partner. With limited supply and high market demand, this is a fast-track opportunity to establish manufacturing operations in one of the most competitive cannabis markets in the U.S.

What’s Included in This Opportunity?

✅ Fully Approved State Adult-Use Processor License issued by the NY Office of Cannabis Management (OCM)

✅ Lease Rights to a GMP-Ready Facility in Pearl River, NY

✅ Meets GMP and Food Safety Standards – Previously operated by a major pharmaceutical company

✅ 2,000 SF of Production Space with a favorable lease of $5,500/month

✅ Eligible for Manufacturing & Infused Product Development – Edibles, tinctures, concentrates, topicals, and more

✅ Buildout Flexibility – Buyer can complete the space to their specific workflow and finalize local approvals

Why Buy This License?

🔥 Skip the Licensing Lottery – Avoid the wait and uncertainty of new licensing rounds

🚀 Speed to Market – Start building your facility in a space that already meets compliance expectations

📈 Massive Growth Potential – Position your brand early in New York’s developing adult-use cannabis market

💼 Diverse Revenue Opportunities – Launch your own brand, offer white-label manufacturing, or contract services

License Snapshot

• Type: Adult-Use Type 1 Processor License
• Issued: October 2024
• Expires: October 2026
• Facility Lease: 2,000 SF | $5,500/month | Pearl River, NY | GMP-Ready Manufacturing Space
• Asking Price for 100% Equity: $999,000
• Asking Price for 20% Equity (JV): $200,000

Contact us today for more details.

Meilad Rafiei – License# 01788589 – WeCann