Industrial Real Estate Market Gets Boost With Marijuana Legalization – Cannabis News
Legal marijuana operations are finding space to grow and store their product by paying premium rents for warehouse space.
As marijuana legalization spreads across the country, the financial impact has extended throughout some areas of the economy.
One sector seeing a big benefit is industrial warehouses. Because large facilities are needed to grow and store marijuana -- and because local laws often limit where such businesses can be located -- industrial warehouse owners have seen rental rates spike in areas where medical and recreational marijuana is legal.
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