2024 Cannabis Transactions Through Q2
Green Life Business Group Does It Again!
On June 10th, 2024 Green Life Business Group sold a dispensary in Santa Ana for $9M. The first payment of $8M was all cash at closing with a 12 month carry on the remaining $1M. Green Life Business believes this is the largest cash transaction in California since 2020. There was no real estate involved, this was simply for the dispensary!
Green Life was also able to get a full asking offer of $6.9M for a Las Vegas Dispensary within 14 days of being on the market.
Green Life also just produced an ALL CASH $19.9M offer for a 2 store chain in Northern California, to which …