Multiple California Dispensary Locations - Auction June 12
Asset Sale Description
Element 7 Stores Dispensary Portfolio For Sale By Way of Receivership AUCTION SALE June 12, 2026 AT 2PM (California) #1882
Date: Wednesday, June 12, 2026 | Time: 2:00 PM PST
Location: Online/Out-of-Court Auction (California Assets)
Opening Bid: $1,000,000 | Increments: $100,000
Receiver: Kevin Singer (Court-Appointed)
The Opportunity:
Step into California’s thriving cannabis market with the acquisition of the Element 7 Dispensary Portfolio. This receivership sale offers a rare chance to secure seven strategic retail locations across the state, ranging from fully operational turnkey stores to high-potential real estate and asset packages.
Sold free and clear of all liens, this portfolio includes inventory, licenses, furniture, fixtures, equipment (FF&E), intellectual property, and other intangibles. With combined annual revenues exceeding $4 million and prime locations in markets like San Francisco, Redwood City, and Cathedral City, this is a unique entry point for operators and investors looking to scale immediately.
Portfolio Highlights:
Strategic Footprint: Locations in San Francisco (Laurel Village), Willits, Cathedral City, Mendota, Port Hueneme, Redwood City, and Chula Vista.
Turnkey Operations: Multiple locations are currently open, staffed, and generating revenue.
Infrastructure Value: Millions in capital investment already deployed across sites ranging from 892 to 6,600 sq. ft.
Favorable Leases: Competitive rental rates with renewal options available.
Market Position: California remains a global leader in cannabis regulation and consumer demand.
Asset Breakdown
1. Element 7 SF 1 (San Francisco)
Status: Fully Operational & Turnkey
2025 Revenue: $384,860
Space: 2,016 sq. ft. | Rent: $8,500/mo
Prime Laurel Village location.
2. Element 7 Willits
Status: Operational
Revenue: $418,634 (2024) / $279,291 (2025)
Space: 2,016 sq. ft. | Rent: $3,500/mo
3. Element 7 Cathedral City
Status: Fully Operational & Turnkey
2025 Revenue: $170,329
Space: 1,050 sq. ft. | Rent: $3,500/mo
4. Element 7 Mendota
Status: Currently Closed (Opportunity for Relaunch)
Space: 2,464 sq. ft. | Rent: $4,674/mo
5. PH Investments Group (Port Hueneme)
Status: Fully Operational & Turnkey
Space: 1,036 sq. ft. | Rent: $2,906/mo
6. Element 7 Redwood City
Status: Asset Sale (FF&E Only)
Note: Local license surrendered; selling furniture, fixtures, and equipment.
7. Element 7 Chula Vista
Status: Pending Judicial Review / License Expiration
Context: State license expires ~May 18, 2026. Local renewal denied June 2025; litigation (Writ of Mandate) is pending as of Jan 2026.
Opportunity: Potential for license transfer or strategic redevelopment depending on court outcomes.
Auction Requirements & Timeline
To participate, bidders must prequalify by 5:00 PM on June 11, 2026.
Required Documentation:
Signed copy of the Rules for Out-of-Court Auction.
Deposit: $100,000 (Wire/ACH or Cashier’s Check payable to Receivership Specialists).
Proof of Funds: Equal to or greater than your maximum bid amount.
Qualification Evidence: Demonstration of ability to operate the business pending license transfer.
Documents Available: Full auction rules, purchase agreements, and due diligence materials are available at:
? https://bit.ly/E7Sales
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.
Why Act Now?
The cannabis industry is consolidating. Acquiring an established, multi-location portfolio allows you to bypass the lengthy licensing and build-out phases. Whether you are an existing operator looking to expand your footprint or an investor seeking a high-value asset class, the Element 7 portfolio offers immediate operational potential and significant upside in California’s robust market.
Don’t miss this court-supervised opportunity.
Mark your calendar: June 12, 2026 @ 2:00 PM.
Date: Wednesday, June 12, 2026 | Time: 2:00 PM PST
Location: Online/Out-of-Court Auction (California Assets)
Opening Bid: $1,000,000 | Increments: $100,000
Receiver: Kevin Singer (Court-Appointed)
The Opportunity:
Step into California’s thriving cannabis market with the acquisition of the Element 7 Dispensary Portfolio. This receivership sale offers a rare chance to secure seven strategic retail locations across the state, ranging from fully operational turnkey stores to high-potential real estate and asset packages.
Sold free and clear of all liens, this portfolio includes inventory, licenses, furniture, fixtures, equipment (FF&E), intellectual property, and other intangibles. With combined annual revenues exceeding $4 million and prime locations in markets like San Francisco, Redwood City, and Cathedral City, this is a unique entry point for operators and investors looking to scale immediately.
Portfolio Highlights:
Strategic Footprint: Locations in San Francisco (Laurel Village), Willits, Cathedral City, Mendota, Port Hueneme, Redwood City, and Chula Vista.
Turnkey Operations: Multiple locations are currently open, staffed, and generating revenue.
Infrastructure Value: Millions in capital investment already deployed across sites ranging from 892 to 6,600 sq. ft.
Favorable Leases: Competitive rental rates with renewal options available.
Market Position: California remains a global leader in cannabis regulation and consumer demand.
Asset Breakdown
1. Element 7 SF 1 (San Francisco)
Status: Fully Operational & Turnkey
2025 Revenue: $384,860
Space: 2,016 sq. ft. | Rent: $8,500/mo
Prime Laurel Village location.
2. Element 7 Willits
Status: Operational
Revenue: $418,634 (2024) / $279,291 (2025)
Space: 2,016 sq. ft. | Rent: $3,500/mo
3. Element 7 Cathedral City
Status: Fully Operational & Turnkey
2025 Revenue: $170,329
Space: 1,050 sq. ft. | Rent: $3,500/mo
4. Element 7 Mendota
Status: Currently Closed (Opportunity for Relaunch)
Space: 2,464 sq. ft. | Rent: $4,674/mo
5. PH Investments Group (Port Hueneme)
Status: Fully Operational & Turnkey
Space: 1,036 sq. ft. | Rent: $2,906/mo
6. Element 7 Redwood City
Status: Asset Sale (FF&E Only)
Note: Local license surrendered; selling furniture, fixtures, and equipment.
7. Element 7 Chula Vista
Status: Pending Judicial Review / License Expiration
Context: State license expires ~May 18, 2026. Local renewal denied June 2025; litigation (Writ of Mandate) is pending as of Jan 2026.
Opportunity: Potential for license transfer or strategic redevelopment depending on court outcomes.
Auction Requirements & Timeline
To participate, bidders must prequalify by 5:00 PM on June 11, 2026.
Required Documentation:
Signed copy of the Rules for Out-of-Court Auction.
Deposit: $100,000 (Wire/ACH or Cashier’s Check payable to Receivership Specialists).
Proof of Funds: Equal to or greater than your maximum bid amount.
Qualification Evidence: Demonstration of ability to operate the business pending license transfer.
Documents Available: Full auction rules, purchase agreements, and due diligence materials are available at:
? https://bit.ly/E7Sales
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.
Why Act Now?
The cannabis industry is consolidating. Acquiring an established, multi-location portfolio allows you to bypass the lengthy licensing and build-out phases. Whether you are an existing operator looking to expand your footprint or an investor seeking a high-value asset class, the Element 7 portfolio offers immediate operational potential and significant upside in California’s robust market.
Don’t miss this court-supervised opportunity.
Mark your calendar: June 12, 2026 @ 2:00 PM.
Listing Info
- ID
- 2487978
- Listing Views
Listing ID: 2487978 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.



