Real Estate

Warehouses in Canada could soon be housing more than an ever-increasing flow of packages from the online shopping boom.

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A marijuana industrial park in Windsor Township, Mich. has sold out of all 10 lots of its first phase of development, totaling 63 acres.

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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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Maryland state flag. Image: Lee Cannon via Wikimedia Commons
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.

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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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Marijuana plants grow in the new germinating facility on the Flandreau Santee Sioux Reservation in Flandreau, S.D. AP Photo: Jay Pickthorn
 
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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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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From left, Brynlee Whitten, 4, (doll is Sarah), JoAnn Whitten, Dennis Whitten, Kate Jackson and Linda Moczulski stand in front of a home that may become a marijuana dispensary in Cedar Mill, Oregon. (Wendy Owen/Oregon Live Staff)

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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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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Maryland State Flag. Image: Lee Cannon via Wikimedia Commons

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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An outdoor cannabis garden. Image: Cannabis Training University via Wikimedia Commons
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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Bob Leeds, co-owner of Sea of Green Farms, shows some of the marijuana he produces during a tour of his growing operation in Seattle, Washington June 30, 2014. (Reuters/Jason Redmond)
 
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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Image of LeafLine Labs medical marijuana product
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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Image of a future medical marijuana site in New York
 
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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Marijuana grow closet in a Washington, D.C. condo. Image via dc.urbanturf.com

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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