Floating Cannabis Tier 5 Dispensary License For Sale (Scotch Plains, New Jersey) #1783

This is an exceptional and rare opportunity to acquire a fully approved Cannabis Class 5 Dispensary License in New Jersey for $250,000. This floating license can be relocated to an approved municipality of the buyer’s choice. This is a significant advantage, providing the new owner with the flexibility to select the best possible location for a profitable retail operation. The license comes with all necessary local approvals and is ready for transfer, allowing the new owner to move quickly and start building their retail presence in a state with high market demand.

The New Jersey cannabis market is one of the most promising in the nation, with sales surpassing $1 billion in 2024 and continuing to grow in 2025. While the market is maturing, it still has significant upside due to the high population density and ongoing regulatory changes. The state’s efforts to curb the illicit market and the increasing number of licensed retailers are driving sales and attracting more consumers to the legal market. This is a prime time to enter the market with a “floating” license, giving you the power to choose a location with a strong consumer base and minimal competition.

Details:

Asking Price: $250,000 (Seller is Open to Offers)
License (Social Equity): New Jersey Annual Class 5 Dispensary License
Approvals: Fully Entitled with all Necessary Local Approvals for a Retail Storefront
Flexibility: The License is Floating and can be Moved to an Approved Location of the New Buyer’s Choice.
License:

Township Approvals Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.


Asking Price: $250K (Seller Open To Offers)

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.

Green Life Business Group®, Inc DRE CA LIC# 02061374