According to a recent survey, 85% of realtors say they have seen no change to property values near dispensaries.
WeedLife News Network
Homesellers and spec developers in Los Angeles are embracing a growing haute-cannabis culture to attract buyers to their spreads.
Experts suggest that property values get a contact high from retail marijuana because home buyers, entrepreneurs and job seekers who flood a newly legal marketplace create “unprecedented business and employment opportunities.”
Call it the “pot premium.” It’s driving up commercial real estate prices in the little seaside city that threw out the welcome mat to cannabis after voter approval in 2016 to legalize recreational marijuana in California.
The “green rush” is on – a mad race among prospective marijuana businesses that's having dramatic effects on the local commercial real estate market.
Located in the Jewelry District, the project will be occupied exclusively by businesses in the cannabis industry. The Santa Monica-based developers are hoping the building will help transform the neighborhood.
As the cannabis industry matures, so too will the real estate industry associated with this heavily regulated business.
Warehouses in Canada could soon be housing more than an ever-increasing flow of packages from the online shopping boom.
A marijuana industrial park in Windsor Township, Mich. has sold out of all 10 lots of its first phase of development, totaling 63 acres.
Christoph Rossner is using a former NATO air base in his quest to become Germany's leading medicinal weed grower.
Taking advantage of an impending boom in industrial space for marijuana growers — notably class-B and class-C warehouses — isn’t as simple as just snatching up properties and signing up tenants.
Industrial rents in already-pricey cities like Los Angeles and Boston are poised to rise further thanks to one burgeoning industry: cannabis.
ALBUQUERQUE, N.M. (AP) -- On a patch of tribal land in western New Mexico, a company plans to build a $160 million state-of-the-art greenhouse for researching and growing medicinal plants, including marijuana.
With recreational-use of marijuana set to be legalized for Californians in 2018 and with more cities in San Diego County approving medical-use, investors in the marijuana industry are snatching up properties.
An Eagle Point company that provides warehouse space for marijuana growers is planning a marijuana-friendly camping and RV park near Lake Selmac in Josephine County.