3 Store Portfolio Urbana Cannabis Retail Dispensaries Receivership | 2 San Francisco Locations + 1 Oakland Location | (Bay Area, California) #2083

This is being sold by way of Court Ordered Receivership and is subject to Court confirmation.
All assets sold from the Receivership Estate are done so free and clear of all liens. This includes all City and State Taxes. Stores may be sold separately.

Take advantage of a unique opportunity to acquire a three-store cannabis retail portfolio consisting of two established San Francisco dispensaries and one Oakland dispensary. The portfolio offers an established presence in major Bay Area markets with existing operations, experienced employees, established customer bases, a worthwhile brand, and significant historical revenue.
The three locations generated $10.515 million in gross sales in 2025. The stores are expected to do over $9 million in sales in 2026 with the drop in sales due to business distress from the loan default in Q3 2025 leading to the receivership. The best store on Geary consistently had sales of over $10 million from 2018 through 2022 and in 2024 had sales at this location alone of $6.94 million.

Portfolio Highlights
3 Operating Cannabis Retail Dispensaries
2 San Francisco Locations
1 Oakland Location with two popular lounge spaces and a second floor for offices or to expidite an online delivery business.
Approximately 10,800 SF Combined
California Adult-Use Cannabis Retail Licenses
Established Operations & Customer Bases
31 Current Employees Across the Portfolio
Dutchie POS System
Online ordering available at all three locations
Approximately 15% private-label/house-brand product mix at each location
San Francisco Location #1

Size: 2,500 SF with a popular consumption lounge.
Current Rent: $17,906/month
Lease Expiration: December 2034
Employees: 15
Average Daily Customers: Approximately 300
Average Basket: Approximately $60
Parking: Street parking
San Francisco Location #2

Approx. Size: 1,750 SF with a popular lounge
Current Rent: $12,020/month
Lease Expiration: December 2032 with a 5 year extension option to 2037
Employees: 9
Average Daily Customers: Approximately 125
Average Basket: Approximately $60
Parking: Street parking
Oakland Location

Approx. Size: 7,800 SF
Lease Status: Currently in lease negotiations under revised terms TDB
Employees: 12
Average Daily Customers: Approximately 125
Average Basket: Approximately $50
Parking: Approximately 20 gated/enclosed spaces

Potential Purchase Money Financing Available: The secured lender in first position will consider providing purchase money financing to qualified buyers. The finanacing shall not exceed 65% of the purchase price and shall be at market rates and terms. The broker will introduce the qualified buyers to the lender upon request. Retail Operations

Lease & Real Estate:
The lease and square-footage information is based on company-provided materials. The underlying broker information disclosure is dated August 24, 2026. The company has indicated that the rent and square-footage information should generally apply, with the exception of the Oakland location, which is currently in lease negotiations.

License Summary:
The portfolio includes three California Adult-Use Cannabis Retail licenses, allowing each licensed location to operate as a regulated adult-use cannabis retail dispensary in accordance with applicable California Department of Cannabis Control (DCC) requirements and local regulations.

Asking Price: Offers must be submitted to Green Life Business Group® Inc, by no later than 5pm pst on October 12th, 2026

Must sign an NDA/Waiver before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.

Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc.