Heritage Global Partners (HGP), a worldwide leader in asset advisory and auction services, recently announced it will conduct an online auction of marijuana production, packaging, and distribution equipment from a Vineland location and two more.
The goods were formerly utilized by the bankrupt Cannabist Company.
The auction features a broad selection of late-model equipment supporting nearly every stage of cannabis production and processing, including extraction, distillation, confection manufacturing, filling, packaging, post-harvest processing, environmental controls and facility infrastructure. In addition to Vineland, the assets are located in Denver, Colorado and Aurora, Illinois.
Bidding opened August 1, at 7 a.m. EDT and begins closing August 14, at 12 p.m. EDT.
Assets Highlights Include:
• Complete cannabis extraction, distillation and production equipment,
• CandyWorx automated candy/gummy depositor,
• Primo Combi multi-head weighing and packaging system,
• Commercial grow room and environmental control systems, and
• A fleet of 2015–2022 Dodge ProMaster cargo vans.
“This is one of the most comprehensive cannabis production equipment auctions the market has seen in a long time,” said David Barkoff, senior vice president of Heritage Global Partners. “We have multiple facilities, all in one sale, for a wide range of buyers looking for turnkey processing systems, extraction systems, lab equipment, confectionary equipment, packaging equipment, sophisticated HVAC and environmental controls, and more.”
The auction is expected to attract cannabis operators, food and confection manufacturers, pharmaceutical and botanical processors, industrial manufacturers, equipment dealers and international buyers seeking specialized production equipment.
