Real Estate

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Christoph Rossner​ is using a former NATO air base in his quest to become Germany's leading medicinal weed grower.

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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.

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FLANDREAU, S.D. (AP) — The Santee Sioux tribe has already proven its business acumen, running a successful casino, a 120-room hotel and a 240-head buffalo ranch on the plains of South Dakota.

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Industrial rents in already-pricey cities like Los Angeles and Boston are poised to rise further thanks to one burgeoning industry: cannabis.

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Amy Wang ~ OregonLive.com ~

With recreational marijuana sales starting Oct. 1, pot likely will become more visible in Oregon neighborhoods, potentially raising tensions among neighbors, especially those with young children.

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Pamela Wood ~ The Baltimore Sun ~

Entrepreneurs eager to get a foothold in the nascent medical marijuana business in Maryland asked Baltimore County Council members Tuesday to pass zoning laws that would allow them to operate.

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Popularized by startups like Airbnb, Uber and Lyft, the sharing economy has officially gone to pot as Internet entrepreneurs set up B&Bs to tap into the rapidly expanding legal marijuana market.

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Stuart Miller ~ New York Times ~
 
Wineries and breweries should brace themselves for some unusual competition. Colorado, which legalized marijuana for recreational use in 2012, will get its first “weedery” in early 2016.

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TUMWATER, WASH. - The city of Tumwater and its urban growth area could have a new slogan: Instead of "It's the water," once famously associated with the former brewery, it could be "It's the bud."

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A growing number of retirees are factoring in the legalization of pot when choosing where to spend their golden years.

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Zoned Properties, a medical-marijuana real-estate company, is developing what it bills as the state's first "medical-marijuana business park."

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Jennifer Brooks ~ Minneapolis Star Tribune ~
 
Medical marijuana production facility in Minneapolis-Saint Paul suburb opens its doors to the media ahead of  July 1 legalization

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Earlier this month, the state’s Department of Consumer Protection awarded licenses to open three more pot dispensaries in the state — and two of them are in Milford.

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A Sea Cliff company competing to win a New York State medical marijuana license and open a dispensary on Long Island Friday announced it has secured a manufacturing facility upstate.

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Mark Segraves and Maddi Pariser ~ NBCWashington.com ~

A townhouse in the Park View neighborhood of D.C. has a wet bar, wine fridge and a high-tech grow closet for marijuana.

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Real estate broker Marty Higgins disliked the head shop vibe on his trips to local medical marijuana dispensaries, so he created an upscale dispensary, Harvest on Geary Boulevard, that opened in the spring. Last week, he went even more posh, announcing the creation of San Francisco’s first private cannabis club.

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Jeremy Cox, The (Salisbury, Md.) Daily Times ~ via USAToday.com ~
 
PRINCESS ANNE, Md. -- Somerset County could soon be home to one of Maryland's first medical marijuana facilities.