Fully Annually Approved Cannabis Dispensary License with Lease
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Atlantic County
Executive Summary
This is a great opportunity to enter into New Jersey’s adult-use cannabis market: a fully approved New Jersey Cannabis Regulatory Commission (CRC) annual retail (Class 5) license in Folsom, within the environmentally protected Pinelands National Reserve. The license is in good standing, ready for build-out on a site with favorable (“good rent”) lease terms. A freestanding building behind the retail space is zoned for cultivation or manufacturing, offering immediate vertical integration potential.
Key advantages:
• Buyer gains full operational and financial control immediately upon CRC transfer approval, including 100% of profits from day one.
• CRC-compliant transfer: 49% equity purchase upfront; seller retains 51% for the mandatory 2-year regulatory period, after which the buyer can acquire the balance.
• Attractive pricing: Total asking price of $299,000 — exceptionally competitive for a fully approved, build-ready license in a high-barrier, low-competition Pinelands location.
• Location strengths: Situated on the US 322 / Black Horse Pike corridor (primary Philadelphia-to-Atlantic City route)
Executive Summary
This is a great opportunity to enter into New Jersey’s adult-use cannabis market: a fully approved New Jersey Cannabis Regulatory Commission (CRC) annual retail (Class 5) license in Folsom, within the environmentally protected Pinelands National Reserve. The license is in good standing, ready for build-out on a site with favorable (“good rent”) lease terms. A freestanding building behind the retail space is zoned for cultivation or manufacturing, offering immediate vertical integration potential.
Key advantages:
• Buyer gains full operational and financial control immediately upon CRC transfer approval, including 100% of profits from day one.
• CRC-compliant transfer: 49% equity purchase upfront; seller retains 51% for the mandatory 2-year regulatory period, after which the buyer can acquire the balance.
• Attractive pricing: Total asking price of $299,000 — exceptionally competitive for a fully approved, build-ready license in a high-barrier, low-competition Pinelands location.
• Location strengths: Situated on the US 322 / Black Horse Pike corridor (primary Philadelphia-to-Atlantic City route)
Listing Info
- ID
- 2348102
- Listing Views
- 683
Listing ID: 2348102 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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