Real Estate

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

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.

It's marijuana-friendly because state law allows marijuana use on private property.

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.

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 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.

Recent News Articles

Monday June 24

Could CBD Fight Superbugs? Marijuana Compound Shows Promise As an Antibiotic - Cannabis News

in Medical News

by Bruce Kennedy - Editor in Chief

The quest for new antibiotics has led researchers to a surprising candidate: the marijuana compound…

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Monday June 24

Cannabis Brands Need to Establish a Purpose That Doesn’t Rely on Marijuana Puns - Cannabis…

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Most have no brand relevancy or purpose and are woefully inept at creating brand experience.

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Monday June 24

Japanese students more open to use of marijuana, survey suggests - Cannabis News

in World News

by Bruce Kennedy - Editor in Chief

Japanese junior high school students have become more open to the use of marijuana, in…

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Monday June 24

South Carolina hemp farming could top 3,000 acres as states scramble for a piece of…

in Cannabis News

by Bruce Kennedy - Editor in Chief

In just its second year growing hemp, South Carolina is projecting a 1,200% increase in…

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Tuesday June 25

Illinois becomes 11th state to allow recreational marijuana - Cannabis News

in Top Stories

by Bruce Kennedy - Editor in Chief

Illinois’ new governor delivered on a top campaign promise Tuesday by signing legislation legalizing small…

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