"LAWD is pleased to present for sale the Cann Glasshouse, a state-of-the-art, climate-controlled glasshouse facility, 15* minutes from the city of Mildura, as a sale and leaseback.
KEY INVESTMENT HIGHLIGHTS
• A state-of-the-art, climate-controlled glasshouse (35,131* square metres) on a substantial 13.50* hectare Industrial zoned site.
• Currently tenanted by ASX-listed company Cann Group, a world-class business-to-business (B2B) company, focused on the breeding, cultivating, manufacturing and supplying plant-based medicinal products.
• One of the largest and most technologically advanced indoor plant-based medicine cultivation and Good Manufacturing Practice (GMP) manufacturing facilities in the southern hemisphere.
• Focussed on delivering a diverse product range including local dried flower and oils, ‘Botanitech’ flower oil and vapes, bulk dried flower and ‘Sapitiphram’ capsules.
• Multiple revenue streams with the Facility providing an additional contract growing, packing and laboratory service.
• An aggressive breeding program sits alongside an aggressive seed importation and phenotyping program, targeting the leading breeders in North America.
• A highly experienced executive team boasting unique skillsets across pharmaceutical research, biotechnology, finance and M & A, big-pharma management, marketing, a best-in-market legal and regulatory affairs team and agronomy.
• The Facility is located in the highly regarded North West region of Victoria, 15* minutes from the regionally significant city of Mildura.
FOR SALE BY EXPRESSION OF INTEREST CLOSING 12PM (AEST) THURSDAY 19 SEPTEMBER 2024.
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(20min delay)