WeedLife News Network
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.
With recreational marijuana use on the verge of becoming legal in Maine, real estate brokers are seeing a jump in demand for industrial spaces that could become indoor marijuana farms in the not-too-distant future.
Legal marijuana operations are finding space to grow and store their product by paying premium rents for warehouse space.
Beyond the potential tax revenue that could be coming to states across the country, how will the spread of legalized cannabis affect the American landscape?
PORTLAND, Ore. – Forget stainless steel appliances or master suites. There’s a new selling point in some Portland real estate listings: pot plants.