Situated on 2,400 ft of Richmond’s North Shoreline
Unobstructed Views of San Francisco Bay, Mt. Tamalpias & Marin County mountains Designated as Ocean Grown Facility – “OG” – due to sea level location
Project Summary
All genetics have been brought through an advanced tissue culture process and are 100% exclusive to PowerPlant Park’s in-house brands. New strains will be introduced in each of the six flower cycles per year. Buildings are designed and equipped for a bloom only environment. The Park’s 3-tier advanced Nursery has 18,787 plant positions, mothers’ room and tissue culture lab. This nursery will provide all necessary flip- ready teens for all of Phase I. The Nursery will also provide a secondary library of strains that will be sold exclusively to retail customers, other distributors and direct to brands. The Park’s Nursery manager is a tissue culture expert w/over a decade of experience.
PowerPlant Park has sold 14 of 18 Units in Phase I, 1 Unit is available in Part A and 3 are left in Part B. Thus far the company has spent over $14mm purchasing land, construction of Phase I, and permits/licenses/drawings. Based on proximity of stabilization of Part A, the Park has just begun selling 24 Units in Phase II & III. Ownership includes title to the Building, which includes all leasehold improvements and interior/exterior equipment. The value of the building once operational is approx. $1,200 – $1,500 per sq. ft. Unlike most commercial operations, where buildings are gutter connected, all Park buildings (in all 4 Phases) are standalone and private. If the reader is not aware, indoor Tier 2 Mixed-Light has the same light footprint as indoor, (25-watts per sq. ft.). We like to say, all the best of indoor, [much more] plus the sun, leading to elevated cannabinoid and terpene profiles.
Contact
For more information, please contact the sales team @ 415-233-3131 or complete the contact form located on our website. Once an NDA is received, we will forward additional information including an Offering Memorandum & Project Manual.
PowerPlant Park received its Building Permit for Phase I from the City of Richmond on Jan 2, 2024. From 2021-2023 the Park completed all major site prep, including finished grading, lime treatment, private joint trench and 95% of onsite and offsite utilities. The first five foundations have been completed. See Master Project Schedule for details of work completed to date. The first 10 Greenhouses have been delivered to the Phase I site. The Greenhouse Builder has completed 80% of the construction for 4 Units and Nursery. The greenhouse builder was supplied to PowerPlant Park by the building manufacturer, Prospiant Growing Solutions, the premier manufacturer of indoor Tier 2 Mixed Light Buildings in the country.
Investment Advantages
Cultivation: The flower zone includes 1,144 plant sites producing over 2,000 lbs. of ultra-premium flower annually. Custom LED lighting arrays, designed with the ability to control spectrum throughout the bloom cycle to maximize desired effects. They include elevated terpenes, (from the sun), trichrome production and overall cannabinoid profiles. PowerPlant Parks “our farm to your front door” direct to consumer retail model will insulate the Park from what has been a volatile wholesale, (bulk) market over the past couple years.
Operations/Genetics: The Park’s nursery operations will provide some of the finest tissue culture genetics in the State, including many exclusive strains from top breeders. The Park's manufacturing facilities offer the latest hydrocarbon and medical grade cold ethanol extraction. Statewide wholesale distribution will include presold contracts to prominent California brands.
Direct to Retail: PowerPlant Park’s retail outlets will eventually account for 90% of the Park’s distribution. Plans are underway to scale PowerPlant Park Delivery to all 9 Bay Area Counties, after running a very successful 1-year pilot in Marin, Sonoma, and Napa Counties. Once Delivery is up and running the Park will open 4 retail “Garages” alongside major Bay Area freeways w/billboard support in cooperation with Weedmaps. Unique retail “Kiosks”, (a Storefront within a Storefront) will be placed in geographically strategic high-profile existing Storefronts in California. The Park has already signed an LOI for 30 locations in Northern California.
Investment Advantages
TRUE Turnkey Opportunity for Investors
Over the last four years PowerPlant Park, (cultivation team) has designed and built the most advanced indoor Tier 2 Mixed Light Greenhouse in the state. We believe will produce the highest grade of cannabis flowers and extracts. Tier 2 Mixed Light has the same light footprint as indoor, (25-watts per sq. ft.). Buildings are manufactured by Nexus/Prospiant of Colorado, the premier builder of indoor greenhouses in the US.
To meet the Park’s stringent SOP’s an additional $400K was spent upgrading each Unit with the very latest in Tier 2 technology. Significant upgrades to what was already considered a custom building for growing cannabis. They include LED lights from Fluence-VYPR 4i, Pulitzer prize winning Ubiquitous Quantum Dots, custom irrigation/feeding management, rolling benches, in canopy C02 infusion, Wadsworth Environmental Control, R/O water, spore cam, Monitor Drones, pest mitigation and odor control. Sensors will be placed in every pot to collect data for "dry-back” and “crop-steering”. All major interior/exterior systems have been automated and are managed from a dashboard on a special PowerPlant Park tablet. There’s even a professional grade sound system to fill the flower zone with plant-loving symphonic music.