Prime Michigan Cannabis Cultivation & Processing Facility - $43M Buildout

This listing presents a prime opportunity to acquire a substantial, fully built-out cannabis cultivation and processing facility located in Adrian, Michigan. Situated on 27.1 acres, the property boasts three buildings totaling over 111,000 sq. ft., including a main facility of 104,356 sq. ft. designed for high-efficiency operations with over 56,000 sq. ft. of dedicated canopy space. The current owners have invested over $43 million into this state-of-the-art, LEED-spec buildout, featuring advanced infrastructure such as a private irrigation well, sophisticated climate control systems, automated fertigation, CO2 augmentation, and greenhouse-style construction with glass roofing to maximize natural light. The facility includes dedicated areas for head house/extraction lab, greenhouses, and storage. While extraction equipment is available separately, the core infrastructure provides a significant head start for new operators. Strategically located near major Michigan markets like Detroit, Ann Arbor, and Lansing, this property offers immense potential for large-scale production and future expansion. The sale is subject to bank approval, with offers due by May 16th, 2025.