On April 1, 2026 at 2:00 PM, all assets of Element 7 Chula Vista One, LLC; Element 7 Mendota, LLC; Element 7 Willits, LLC; Element 7 SF1, LLC; Element 7 Redwood City, LLC; PH Investments Group, LLC; and Element 7 Cathedral City, LLC will be sold via an out-of-court auction led by Court-appointed Receiver Kevin Singer. Assets include inventory, licenses, FF&E, intellectual property, and other intangibles. Sale is free and clear of liens.

Opening bid: $1,000,000 with $100,000 increments.

To prequalify, bidders must submit by March 31, 2026 at 5:00 PM:
(a) signed Rules for Out-of-Court Auction
(b) $100,000 deposit via wire/ACH or cashier’s check payable to Receivership Specialists
(c) proof of funds equal to or greater than intended bid
(d) evidence bidder qualifies to operate the business pending license transfer.

Auction rules and sale documents:
https://bit.ly/E7Sales

Business Description:

Opportunity to acquire the Element 7 California 7-Store Dispensary Portfolio, including operational and non-operational licensed retail locations in San Francisco (Laurel Village), Willits, Cathedral City, Mendota, Port Hueneme, Redwood City, and Chula Vista. This portfolio provides a rare chance to acquire a multi-location footprint in California’s regulated cannabis market.

Locations include established retail spaces ranging from 892 sq. ft. to 6,600 sq. ft. with experienced staff and existing customer bases. Combined annual revenues exceed $4M across the portfolio. Rental rates remain competitive with favorable lease terms and renewal options. Significant capital infrastructure is already in place, allowing a new operator to build on an existing foundation.

California remains one of the largest cannabis markets globally, supported by strong consumer demand and continued retail expansion. Multi-unit portfolios like Element 7 present a unique opportunity for investors seeking scale and long-term growth.

Details:

Store #1 – Element 7 SF 1 – Address: 3415 California St, San Francisco, CA 94118
Fully operational and turnkey
Total Space: 2,016 Sq Ft
Rent: $3,500/Month
Lease: TBD

Store #2 – Element 7 Willits – Address: Browns Corner, 1795 S Main St, Willits, CA 95490

Revenues:
2024: $418,634
YTD August 2025: $207,099
Total Space: 2,016 Sq Ft
Rent: $3,500/Month
Lease: TBD

Store #3 – Element 7 Cathedral City Inc – Address: 68945 Vista Chino Ste C, Cathedral City, CA 92234
Fully operational and turnkey
Total Space: 1,050 Sq Ft
Rent: $3,500/Month
Lease: TBD

Store #4 – Element 7 Mendota LLC – Address: 796 Oller St, Mendota, CA 93640
Fully operational and turnkey
Total Space: 2,464 Sq Ft
Rent: $4,674/Month
Lease: TBD

Store #5 – PH Investments Group, LLC – Address: 455 W Channel Islands Blvd, Port Hueneme, CA 93041
Fully operational and turnkey
Total Space: 1,036 Sq Ft
Rent: $2,906.15/Month
Lease: TBD

Store #6 – Element 7 Redwood City LLC – Address: 615 Woodside Rd, Redwood City, CA 94061
No local license; DCC license surrendered. FF&E included in receivership sale.

Store #7 – Element 7 Chula Vista One, LLC – Address: 1208 Broadway Unit 101, Chula Vista, CA 91911
No local permit to operate. State license expires on or about May 18, 2026.

Licenses:

Retail Storefront – Facility licensed for retail sale of cannabis and cannabis products, including delivery where authorized by local ordinance.


AUCTION SALE on APRIL 1, 2026 AT 2PM

Must sign an NDA/Waiver and provide Proof of Financials 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.