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Serving the Entire State of Washington

502 Deals focuses exclusively on i502 Cannabis investments in the State of Washington. We have the knowledge and expertise to navigate an otherwise complex new industry. Don't leave your cannabis investment up to chance. Contact the experts at 502 Deals today!

Tacoma WA


Pierce County Washington State

Pierce County

Seattle Washington


Spokane Washington


Frequently Asked Questions

Is seller financing available?

Seller financing mostly depends on what the seller is comfortable with and seller financing is not always available. If seller is open to financing a portion of the purchase price it will most likely require a minimum of 30-50% down at close. If seller financing is not available buyer can get a loan from a credit union or private money lender which can be used for the purchase of real estate or business.

How much do you charge to sell a cannabis business or real estate?

Every business and real estate is evaluated on a case by case and can expect the fees to range from 2-10% of the purchase price to be paid at close. The fee is discuss and agreed upon prior to the signing of the listing agreement so that all parties are on the same page and that there are no last minute surprises.

How long does it take to assume a cannabis license?

To assume a license depending on your situation it typically can take anywhere from 2 – 6 months. For more information on the assumption process you can download the LCB power point here.

Can I use my current property to grow, process or sell cannabis products?

There is city, county and state regulations when it comes to cannabis real estate that need to be met in order to operate. Zoning requirements defer from city to city and county to county and it is always best to call your local jurisdiction to make sure your property can qualify. If the county or city says that your property qualifies the next step is to make sure it meets the LCB distance requirements from restricted entities. The list of these entities can be found here:

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