Legalized marijuana is the fastest growing industry in USA
It’s no secret that the Emerald Triangle in California produces some of the best cannabis in the world. With nearly 40 million residents and more than a million medical marijuana patients, California’s market represents about a third of the entire North American cannabis market and it is only in its first year of legal cannabis sales…
Why Cannabis and Why California?
Listen to John Turley, CEO, RE/MAX Caribbean & Central America (CCA) Region, in his webinar as he explains why investing in cannabis farmland is the smartest way to position yourself in the booming Cannabis industry.
How it Works
Center of the industry
The Development is located in southern Humboldt County, about 1-1/2 miles from the famous Emerald Triangle, the point where Humboldt, Mendocino, and Trinity Counties meet. Humboldt County, considered “the Napa Valley of cannabis,” is world-renowned for its cannabis production. Humboldt has always been at the forefront of the cannabis industry, and that is still true today. The County has established one of the most progressive ordinances in the states. The best attorneys, soil scientists, compliance consultants, and other industry specific professionals are located in Humboldt County.
Twenty Years of Evolution
As a successful farm operation with a 20-year history of operations, Emerald Healing checks all the boxes. Emerald Healing Humboldt is a fully-functioning, vertically-integrated, permitted and licensed cannabis farm located on 132 acres on Palo Verde Ranch. It is one of the preeminent cannabis farms in all of Humboldt County (within the Emerald Triangle), and has been very successful with a 1,000 lb. per year capacity so far and a proven track record.
Full Permitting and Established Legal Structure
The property is being sold with Humboldt County Land Use Permits in place for 20,000 sq. ft. of full sun propagation, and 3,700 sq. ft. of mixed light propagation. The permits themselves are worth their weight in gold. These permits were applied for prior to January 1, 2016 (prior to finalization of the legalization process) and represent an enormous amount of energy and financial expense.
Sustainable Cash Flow
We believe that Emerald Healing’s farm operations are grossly underutilized. At present, only 37% of the total permitted space is being actively cultivated. Our first order of business will be to capitalize on expansion of existing farm operations to utilize the full potential of the 23,700 sq. ft. of Humboldt County Land Use permits already in place on the Property. This represents an increase of 177% over the current amount of land currently under cultivation.
John Turley – Cannabis Pricing Power
Your Next Step
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