US (CA): Inside the most expensive cannabis farm for sale in the US

“The overall output is about 20,000 pounds annually, with a revenue stream of approximately $15-22 million.” Located in Salinas, California, is a state-legal 10.5-acre cannabis farm, that is currently listed as an off-market listing for $80 million. In his recent YouTube video, Enes Yilmazer, investor and entrepreneur, took a tour around the property to see what it takes to operate a cannabis farm on this scale.

Brian, the developer and owner of the farm, explains what the property consists of. “There are four fully permitted and functioning greenhouses. They are light-assisted, so we have light deprivation and curtains. What is unique about this farm is that we also have sodium lights that assist with growing the product for high quality. There is also a processing facility here, where we cure and dry the product and there are storage tanks for water. For light deprivation/light assist, this facility definitely has some of the highest ends of the market that is available.”

Greenhouse A is a nursery, where they bring in clones from an outside facility and we vegetate them in their nursery. Once they are about waist-high, they are transition into the flowering houses. There are three flowering houses, each of 44,000 square feet. Inside, the sodium lights help the post-vegetation stage and assist the plants in flowering. “We do perpetual harvest, with 3.5 weeks of rotation. By not processing one entire greenhouse, this saves us labor costs and gives us a higher output level,” says Brian.

He also explains that the state of California allows you 11,000 sq ft of cultivation per license. “This facility has 14 cultivation licenses, a distribution permit and a nursery permit. Currently, the overall output is about 20,000 pounds annually, with a revenue stream of approximately $15-22 million depending on how the market is.” There are also plans to expand the operation to utilize the entire property, as there are 2.5 acres of undeveloped land available.

Susan Massa Thomas, a realtor specializing in the Californian cannabis industry, adds: “In California, we have the most amazing climate to be able to grow. Especially in Salinas, where this farm is located, the climate is perfect for growing all year round.”

Click here to see the full tour.

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