It’s no secret that the advent of Colorado cannabis legalization increased demand for industrial real estate, but how has it affected housing prices?
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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.
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”).
On Aug. 24, 2017, the Nevada Gaming Commission reiterated its stance on prohibiting any association with the recreational marijuana industry.
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.
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).
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.
Three words: location, location, and location. Those are the three most important factors to look for when investing in real estate.
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.
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.”
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.
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.
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.
While marijuana legalization remains a controversial topic, it has long been argued that marijuana market affects the real estate industry in a positive way.
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.
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.
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.
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.
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 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.
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., (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.
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…