It’s no secret that the advent of Colorado cannabis legalization increased demand for industrial real estate, but how has it affected housing prices?
Tag Archives: Property
Legalization of Retail Marijuana in Colorado Had Positive Impact on Property Values in Denver
MADISON, Wisc., Sept. 26, 2017 /Weed Wire/ — In November of 2012, twelve years after legalizing medical marijuana, Colorado voters approved a measure to legalize recreational marijuana use. The state adopted a model that allowed only existing marijuana dispensaries to convert to retail establishments.
The Green Organic Dutchman Secures Second Property, 75 Acres Located in Quebec
HAMILTON, Ontario, Sept. 8, 2017 /Weed Wire/ – The Green Organic Dutchman Holdings Ltd. (the “Company”) is pleased to announce that it has secured a 75-acre property located in Salaberry-de-Valleyfield, Quebec (the “Quebec Property”).
Nevada Gaming Commission Reiterates Stance on Recreational Marijuana
On Aug. 24, 2017, the Nevada Gaming Commission reiterated its stance on prohibiting any association with the recreational marijuana industry.
Michigan Bill Allowing Landlords to Ban MMJ Reaches Governor
Governor Rick Snyder has just a few bills from last session left to consider. Among them is a bill that would allow landlords to include a provision in their leases preventing tenants from smoking or growing medical marijuana.
AmeriCann Expands Massachusetts Medical Cannabis Center Development
DENVER, Dec. 7, 2016 /Weed Wire/ — AmeriCann, Inc. (OTCQX: ACAN), a company that is developing sustainable, state-of-the-art medical cannabis cultivation properties, announced the approved expansion of the cultivation and processing infrastructure for the Massachusetts Medical Cannabis Center (MMCC).
Twenty Acre Indoor/Outdoor Cultivation Facility in Northern California in the Final Stages of Escrow Awaiting Transfer of Ownership to Cannabis Science, Inc.
IRVINE, Calif., Aug. 1, 2016/Weed Wire/ — Cannabis Science, Inc. (OTC PINK: CBIS), a U.S. company specializing in the development of cannabis-based medicines, today announced they are in the final stages of escrow to transfer the 20-acre Northern California cultivation property into its name and commence indoor/outdoor cultivation and production on the land.
The Impact of Legal Cannabis on Property Values
Three words: location, location, and location. Those are the three most important factors to look for when investing in real estate.
Owners Can’t Be Too Careful When Insuring Marijuana Businesses
Business owners were hit with a surprise in 2015 when Lloyd’s of London—one of the largest insurers in the cannabis industry—announced it was backing away from the business. It cited regulatory uncertainty and the high risk nature of the business.
The Colorado Connection: Housing and Marijuana
Housing prices have surged in Colorado of late. Two years ago The Denver Post reported on what it already called a “new mini-bubble” in which the sellers of many homes had “three or more bids to choose from.”
HerbFront Zeroes in on Pennsylvania as Cannabis Legislation Progresses
CHICAGO, Aug. 6, 2015 /Weed Wire/ — In the last year, the cannabis industry has risen to become the fastest growing industry in America. Unlike other new industries, the demand for cannabis and related products already exists, driving the sector’s rapid growth—making properties that can support these types of businesses all the more valuable.
HerbFront Assists Café Serendipity in Search for Oregon Flagship Location
CHICAGO, July 29, 2015 /Weed Wire/ — HerbFront Inc. is pleased to announce the company’s strategic partner Café Serendipity Holdings, Inc. (OTC PINK: CAFS) has signed a license agreement to open a flagship store in Oregon.
HerbFront Announces New Real Estate Listing, Investment Opportunity
CHICAGO, July 22, 2015 /Weed Wire/ — HerbFront Inc. is pleased to announce the addition of its newest investment property listing, available now on its revolutionary cannabis property listing platform. This property is tenant occupied, meaning the buyer of the building will be receiving the building along with revenue from established tenants.
Why Marijuana Legalization is Good for the Real Estate Market & Other Industries
While marijuana legalization remains a controversial topic, it has long been argued that marijuana market affects the real estate industry in a positive way.
Airbnb Meets Cannabis in Bud and Breakfast
The latest innovation in cannabis tourism and travel is carving out a niche among vacation and travel accommodation rental websites by offering access to cannabis-friendly lodging worldwide.
Bud and Breakfast Launches New Accommodations Booking Engine
BOULDER, Colo., April 2, 2015 /Weed Wire/ — Bud and Breakfast launched the first web-based booking engine to match travelers with safe and legal accommodations in places which have legalized the use of cannabis for medical and/or recreational use.
Colorado’s Green Real Estate Rush
Since the legalization of recreational marijuana in the state of Colorado, the real estate has faced a sudden boom of businesses looking for storefronts and growing warehouses.
Pro Pot or Not, There’s Money to Be Made
The anti-marijuana folk seem to be cashing in on the legalization. For instance, there is a new device being launched in 2015 called the AirGuard from a company called Fresh Air Sensor Corp.
Civil Forfeiture Drives Away Investors
Federal and state civil forfeiture laws permit government agents to seize the property of a business acquired, even indirectly, from the proceeds of criminal activity.
Cannabis Businesses Incubate in Denver
Cannabis consulting firm Advanced Cannabis Solutions (OTC: CANN) is making headlines with the closing of a deal to purchase an old bank in South Denver. ACS plans on turning the bank into a business incubator.
Colorado Finalizes Cannabis Rules
The Colorado cannabis industry has just passed another significant milestone. On October 1, 2014, the rule that required marijuana cultivators to be tied to a specific dispensary has expired.
Home Treasure Finders Inc. Announces Closed Purchase Contract on Warehouse in Denver
Home Treasure Finders Inc., (OTCBB: HMTF) (OTCQB: HMTF) www.hometreasurefinders.com, a multi-division real estate sales, property management and leasing company, announces closing the purchase of an industrial warehouse in Denver, Colorado. The $850,000 dollar acquisition is subdividable and marks the company’s first commercial cannabis acquisition.
Cannabis Fuels Denver’s Real Estate Revival
Real estate is one of the oldest forms of investing; and probably one of the most sound as well. All other things being equal, the value of a real estate property tends to go up more often than it goes down. This is never truer than it is now in Denver. Legalized cannabis has single-handedly…