Please ensure Javascript is enabled for purposes of website accessibility Craft Grower Cannabis License – Illinois Market Entry Opportunity | Theresa Kenaga | Transworld Business Advisors

Craft Grower Cannabis License – Illinois Market Entry Opportunity

Listing Number: 041621-934959

Description

Offered is a fully awarded and transferable Adult-Use Craft Grower License in the State of Illinois. This license is one of the limited number issued under the Illinois Department of Agriculture’s cannabis program and presents a prime opportunity to enter the $2 billion Illinois cannabis industry without waiting on application cycles or the state lottery. The license provides the opportunity to grow/cultivate, process/manufacture , infuse, extract & distribute. 

This is an asset-only sale. No business, facility, or real estate is included. The buyer will need to establish a compliant location, facility, and operational plan post-acquisition. The license is eligible for expansion from 5,000 sq ft of flowering canopy up to 14,000 sq ft with state approval.


Key Highlights
License Type: Adult-Use Craft Grower License (Illinois)
Status: Fully awarded by the State of Illinois
Transferability: Permitted with State approval (buyer must qualify)
Includes: License only – no operations, equipment, or real estate

Why This is a Great Buy
Scarcity Value: Illinois has tightly limited the number of licenses. Few are available on the open market.
Fast Market Entry: Skip the years-long wait and uncertainty of license applications and approval.
Strong Profit Potential: Cultivation operations, once built, can generate high 6-figure to multi-million dollar revenues annually depending on scale, product type, and distribution.
High Demand: Illinois cannabis sales topped $2 billion in 2024, and the demand continues to rise for high-quality, locally grown cannabis products.

What You’ll Need to Launch Operations
Securing compliant real estate (zoned for cannabis cultivation)
Facility design and build-out ($500K–$5M estimated depending on scale)
Staff hiring and training
Seed-to-sale compliance software and SOPs
Security system and compliance plan per state regulations

Ideal Buyer
This opportunity is perfect for:
MSOs (Multi-State Operators) looking to expand into Illinois
Investors seeking entry into a highly regulated, high-margin industry
Dispensary owners looking to vertically integrate
Social equity applicants or groups with facility access and capital

Facilities and Assets Included
None. This listing is for the license only.

Support & Training
Seller will provide support during the transition period and assist with steps related to transferring the license in compliance with Illinois Department of Agriculture requirements. Willing to share Location Leads , industry resources.

Reason for Selling
Strategic business pivot. Seller is not launching a facility and is offering the license to an investor or operator better positioned to enter the market.

Listing Details

  • Price: $1,000,000
  • Down Payment: --
  • Sellers Discretionary Earnings: $0
  • Total Sales: $0
  • Location: Illinois

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Strategic business pivot
  • Category: Retail Miscellaneous
Craft Grower Cannabis License – Illinois Market Entry Opportunity

Contact Agent:

Theresa Kenaga
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