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Cannabis Businesses For Sale

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Market Info
Real EstateDowntown Pontiac - Single-Tenant Mixed-Use Building

Pontiac, MI

Single-tenant building available in Downtown Pontiac for sale/for lease with C-2 Downtown Mixed-Use District zoning. The C-2 zoning permits traditional retail, office, medical office, and multi-family...

Real Estate
Real EstateBattle Creek - Freestanding Light Industrial Warehouse

Battle Creek, MI

Newly constructed freestanding light industrial warehouse available for sale. Formerly operated as a cannabis Processing facility, with the license still in place, the property is well-suited for...

$299,999

$299,999

Real Estate
Real EstateMount Pleasant - Turnkey Provisioning Center/Retail Building

Mount Pleasant, MI

- Formerly operating and turnkey Adult-Use Provisioning Center available for sale/lease - includes the license and real estate. - The building features the former Provisioning Center and a vacant...

Real Estate
Real EstateMount Pleasant - Turnkey Provisioning Center/Retail Building

Mount Pleasant, MI

- Formerly operating and turnkey Adult-Use Provisioning Center available for sale/lease - includes the license and real estate. - The building features the former Provisioning Center and a vacant...

$699,999

$699,999

Real Estate
Real EstateGaylord - Freestanding Retail/Office Buildings

Gaylord, MI

Two (2) adjacent freestanding buildings available for sale with 29 parking spaces. The buildings are suitable for both traditional and cannabis retail/office users to take advantage of the national...

$399,999

$399,999

Real Estate
Real EstateBattle Creek - Freestanding Retail/Cannabis Building

Battle Creek, MI

- Freestanding retail building available for sale/for lease with 42 parking spaces and it has additional land with the ability to expand the current site. - The building is suitable for traditional...

Real Estate
Real EstateOutstanding 4.0 Acre Agriculture Production Facility For Lease

Ordway, CO

This outstanding 4.0 acre property in the town of Ordway, CO offers extensive agricultural production facilities. The property includes a 12,000 square foot fully automated NEXUS greenhouse with water...

Real Estate
Real EstateFantastic Greenhouse/Warehouse Property For Lease

Ordway, CO

Come take a look at this outstanding opportunity in Ordway, CO. This parcel offers a Buyer a wide variety of secure and flexible space to meet their production and/or storage needs, and numerous...

Real Estate
Real Estate40 Acres with Greenhouses & Home | Perfect for Farming & Cultivation

Center, CO

Rare opportunity to own a fully-equipped 40-acre cannabis cultivation property in Center, Colorado. This turnkey operation includes four commercial greenhouses, a fenced 1-acre grow section, multiple...

$499,000

$499,000

Real Estate
Real EstateIndustrial for lease

Warren, MI

For lease!!! 6600 SQFT, recently renovated warehouse. Great industrial Building with easy access to highways. Building has 2 spaces available SPACE #1 is a 5,000 SF warehouse with 14' overhead door,...

Real Estate
Real EstateFreestanding industrial warehouse building available for sale/lease wi

Southfield, MI

Freestanding industrial warehouse building available for sale/lease with immediate access to both Telegraph Road (US-24) and Eight Mile Road (M-102) This property sits within the cannabis Green Zone...

$825,000

$825,000

Real Estate
Real EstateTurnkey Cannabis Dispensary In Oxford MI, FOR LEASE/SALE

Oxford, MI

Lease Option: $795,000.00 License Acquisition W/ $24,500/mo. NNN Lease Purchase Option: $3.8m W/ Seller Financing Available (Includes Real Estate) Attention cannabis operators, please take a look at...

Real Estate

New Business! Fully Operational Cannabis Farm with Lab – Medellin, Col

$6,500,000 - Fredonia Medellin

$6,500,000

Fredonia Medellin

Real EstateSingle family home and expansive farming operations on 39 Acres

Avondale, CO

This outstanding fully fenced, residential agricultural opportunity is perfect for anyone looking to expand their farming operations in southern Colorado. This ideal setting offers tremendous views in...

$700,000

$700,000

Real Estate
Real EstateOver $325k Invested into the BRAND NEW Commercial Kitchen

Emeryville, CA

Over $325k Invested into the BRAND NEW Commercial Kitchen in this Amazing Flex Property w/Huge Earning History! Zoned for Food & Cannabis Use, Plus Existing Pizzeria! SBA Financing for Qualified Owner...

$2,900,000

$2,900,000

Real Estate

Ken Lee

First Choice Business Brokers

Serving Oakland County, MI

Established in 1994, First Choice Business Brokers quickly grew to become one of the largest Business Sales Organizations in the U.S listing and managing over $8 Billion in businesses for sale. Buyers and sellers can enjoy the accessibility and expertise of a national network of professional business brokers in over 30 offices across the country.

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Real EstateGaylord - Freestanding Retail Building/Redevelopment Site

Gaylord, MI

Freestanding building, with a curb cut along the main road, and 29 parking spaces - available for sale. The building and land are both suitable for traditional retail users to take advantage of the...

Real Estate
Real EstateOperational Michigan Marijuana Grow with Class B & C Licenses

Bay City, MI

This established grow operation offers two buildings on 1 acre: * Building 1 (Class B) 3,200 SQ FT * Building 2 (Class C) 4,080 SQ FT Features: * State-of-the-art equipment (HPS, LED, dehumidifiers,...

$1,100,000

$1,100,000

Real Estate
Real EstateOver 100,000 SF Greenhouse/ Industrial Building on 13+ Acres

Salida, CO

Over 100,000 total square feet of greenhouse on 13+ acres of commercial space for sale in Salida, Colorado. This facility is currently licensed for medical & retail cannabis cultivation & extraction...

$5,900,000

$5,900,000

Real Estate
Real EstateOpportunities Unlimited with this great parcel of land

Ordway, CO

Check out this fantastic 5.2 acre lot in Ordway Colorado. Property Details and Highlights: Offers great views Fenced on the north property line Graded and level Electrical is adjacent to the property....

$50,000

$50,000

Real Estate
Real EstateGreenhouse Property Ready for your Cultivator

Ordway, CO

Come take a look at this outstanding opportunity in Ordway, CO. This is a production manager’s dream scenario. This property was previously licensed as a cannabis cultivation facility and could be...

$590,000

$590,000

Real Estate
Real EstateMarijuana dispensary bldg with rec license at tourist city

East Tawas, MI

Bldg with Rec license. on US 23 with high traffice of 10k car/day. great tourist city. Low price to get into the dispensary business....

$100,000

$100,000

Real Estate
Real EstateMarijuana dispensary bldg with rec license

Alma, MI

Marijuana dispensary bldg with rec license, ready for build out. Great location in the heart of business district. Alma college is close by. 2800sf....

$500,000

$500,000

Real Estate

Marijuana Cultivation Facility, Tier Two Lic

$1,450,000 - Pueblo, CO

$1,450,000

Pueblo, CO

Real EstateMarijuana dispensary all set up with real estate

Flint, MI

Marijuana dispensary all set up with high level finish. 5000 sf. Ready to reapply the Rec license and seller will facilitate for quick approval....

$700,000

$700,000

Real Estate
Real EstateNew cannabis retail store

Burlington, WA

New 502 retail cannabis store. Free standing building on highly visible site with large traffic county...

$800,000

$800,000

Real Estate
Real EstateWESTCHESTER PLAZA, SPACE AVAILABLE

Colchester, CT

This shopping center has been transformed into THE DESTINATION in Colchester with Restaurants, an upscale market, a State of Art Gym and The Harvest Corner, a Recreational Cannabis Dispensary, that...

Real Estate
Real EstateFantastic Greenhouse/Warehouse Property For Sale

Ordway, CO

Come take a look at this outstanding opportunity in Ordway, CO. This parcel offers a Buyer a wide variety of secure and flexible space to meet their production and/or storage needs, and numerous...

$610,000

$610,000

Real Estate
Real EstateGreat CRE Space with a Variety of uses Across from Casino, Mackinac!

Saint Ignace, MI

Location Location! Much-needed housing or indoor storage opportunity available with the largest and only commercial building available. Located across from the Kewadin Casino in St. Ignace, this...

$399,500

$399,500

Real Estate
Start-upRetail Marijuana Approvals and partial Build Out

All necessary local and state provisional approvals. All construction plans and proposals. Buildout in progress....

$1,200,000

$1,200,000

Start-up
Start-upEastampton NJ Cannabis Dispensary With Real Estate

Tremendous retail dispensary opportunity in Eastampton, NJ. This will be the sole license issued in the Township, with real estate owned and ready for buildout. Located at 2441 US-206, Eastampton...

Start-up

Buy or Sell a Cannabis Business

The cannabis industry is rapidly growing, and with that growth comes new opportunities for entrepreneurs to enter the market. From cannabis manufacturing to retail dispensaries, there are various types of cannabis businesses routinely listed for sale on BizBuySell. If you're considering buying or selling a cannabis business, it's important to understand the legal landscape and regulations surrounding this industry. Each state has its own laws regarding marijuana sale and use, making it crucial to seek legal counsel before making any major business decisions.

If you are in the market to buy or sell a cannabis business, it is critical to understand how these types of businesses are valued, and how they are expected to perform financially. To give you some context, we have aggregated listing data of cannabis businesses and surfaced average financials and valuation metrics based on current asking prices.


Market Overview

Number of Businesses Analyzed  

231

Median Asking Price  

$1,731,250

Median Reported Revenue  

$2,000,000

Median Reported Earnings  

$400,000

Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.


Cannabis Business Valuation Multiples

Range

Revenue

Earnings (SDE)

Lower Quartile

0.55

2.06

Median

0.91

3.14

Upper Quartile

1.58

4.40

Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price.


FAQs

How much does it cost to buy a cannabis business?

Prices vary depending on the size of the business listed, but the median asking price for cannabis businesses listed for sale is $1,731,250.

How much do cannabis business owners earn?

Cannabis business owners report median annual revenue of $2,000,000 and annual owner earnings of $400,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.

How do I value a cannabis business?

Valuing a cannabis business involves considering several factors, including annual revenue, profit, growth (or decline) trends, and competition. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples among cannabis businesses listed for sale in the U.S. range from 0.55 to 1.58, with the median at 0.91. Earnings multiples range from 2.06 to 4.40, with the median at 3.14. These values suggest the average cannabis business listed for sale may trade for around 0.91 times its annual revenue, and 3.14 times its annual owner’s earnings.


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