A New York-based company has purchased a Central Florida pot operation for $43 million in cash and stock, amid expectations that the industry will explode following the voter-approved legalization of medical marijuana more than a year ago.
Tag Archives: Real Estate
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 61% in December.
VANCOUVER, British Columbia, Dec. 5, 2017 /Weed Wire/ – Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce it has entered into an Offer to Purchase Real Estate for the acquisition of a 15,000-sq ft building in Providence, Rhode Island.
Say hello to the very first marijuana ETF for the U.S. As reported by CNBC, on Oct. 27, ETF Managers Group filed for a new ETF, the Alternative Agroscience ETF.
It’s no secret that the advent of Colorado cannabis legalization increased demand for industrial real estate, but how has it affected housing prices?
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.
SACRAMENTO, Calif., Sept. 12, 2017 /Weed Wire/ — Canna-Hub, a California-based real estate development and property management Company for the cannabis industry, today announced its innovative cannabis real estate development business model to help current and prospective cannabis licensees secure properly zoned property for their cannabis businesses in California.
With excitement bubbling over the growth potential in the marijuana stock market, investors are keen on which pot stocks are the best to ride that wave of hype into comfortable returns.
In this World of Cannabis Interview, watch Caroline Cahill, Managing Editor of http://www.MJINews.com and Marijuana Industry News magazine, interview Trent Sutton, CFO of Flex Mod Solutions.
U.S. real estate values are blazing, at least that is in the parts of the country where the sale of marijuana is now legal.
Dano Keys of FlexMOD Solutions provides insight to the company’s sophisticated manufacturing system for cannabis production.
An Oregon real estate company is considering property at Lake Selmac in Josephine County, Oregon, for its marijuana-friendly RV park, according to the Associated Press. Grow Condos first announced its plans for Smoke on the Water RV parks back in May 2016, but a specific location had not been identified.
Real estate is the next big catalyst for marijuana stocks in 2017, as more voters demand legalized recreational and medical cannabis in their states.
Since Maine voters legalized marijuana, real estate brokers in the state are seeing an increased demand for industrial space, according to a Jan. 16, 2017, article in the Portland Press Herald. Maine’s industrial real estate market had been improving in recent years, and the need for marijuana business space has given the sector a new boost.
Viridian Capital Advisors recently reported the global cannabis industry has raised more than $1 billion in 2016, according to Forbes. Most of the $1 billion-plus in capital investments was raised in the United States and Canada, with other countries contributing small amounts, Scott Greiper of Viridian said.
HFO Real Estate Investment, an Oregon-based multifamily real estate investment firm, talks with attorney Charles Kovas for an update on what recreational marijuana legalization means for landlords and tenants.
On June 16, 2016, the Southern Nevada chapter of NAIOP, a commercial real estate development association, held a meeting at the Orleans Hotel and Casino in Las Vegas to discuss the effects of medical marijuana on commercial real estate in Southern Nevada.
A real estate boom has begun in Northern California as would-be growers anticipate the passage of the Adult Use of Marijuana Act. The act is not officially on the November ballot yet, but many people will be ready with slices of growing land from San Francisco to the so-called Emerald Triangle of Humboldt, Mendocino, and Trinity counties.
EAGLE POINT, Ore., June 3, 2016 /Weed Wire/ —Grow Condos, Inc. (OTC PINK: GRWC), is pleased to announce that it has signed a representation agreement with Veteran Owned and Operated A Growers Resource, a unique staffing solution company.
A service in Colorado connects renters who want to grow their own pot with landlords who don’t mind them doing so, according to The Denver Post. Four-year-old Housing Guru manages properties, checks out references, verifies incomes, and looks into the property histories of would-be renters.
EAGLE POINT, Ore., April 19, 2016 /Weed Wire/ — Grow Condos Inc., (OTC PINK: GRWC), is pleased to announce that it has signed an investment agreement with Tangiers Global LLC for up to $5 million dollar fixed funding commitment through an equity enhancement instrument.
Three words: location, location, and location. Those are the three most important factors to look for when investing in real estate.
DENVER, Feb. 12, 2016 /Weed Wire/ — MIPR Investing in Cannabis Companies: A How To Investment Workshop will bring together relevant information needed for investing in the cannabis industry.
Speaking at the High Times Business Summit 2015 in Washington, D.C., Scott Jordan, Director of Business Development for Dynamic Alternative Finance, laid out his top 10 tips for cannabusinesses forced to think outside the box for financing. Then there was an extra that may trump all others.
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, Oct. 30, 2015 /Weed Wire/ — HerbFront Capital, the lending arm of nation’s first real estate exchange platform for the legal cannabis industry, is offering an exciting limited-time opportunity — waiving application fees for the first 10 clients.
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.
CHICAGO, July 15, 2015 /Weed Wire/ — HerbFront Inc. is pleased to announce the launch of HerbFront Capital, a lending, business brokerage and advisory arm of its existing powerful real estate mapping technology platform.
The marijuana industry has arisen through evolution, that is, it has taken shape through a series of ad hoc adaptations allowing for survival in often difficult circumstances—as, presumably, has the underlying botany.
While marijuana legalization remains a controversial topic, it has long been argued that marijuana market affects the real estate industry in a positive way.
CHICAGO, July 7, 2015 /Weed Wire/ – HerbFront Inc. is pleased to announce a new subscription-based model that will provide users with unlimited listings and searches on the only real estate platform exclusive to the cannabis industry.
Home prices have shot up by double-digits, inventory has fallen dramatically and multiple offers with bidding wars have become common.
HerbFront is a real estate platform devoted exclusively to the legal cannabis market and zoning research. Through its HerbFront Real Estate Advisors Network, it provides predictive mapping for potential legal cannabis properties.
Sometimes it isn’t easy to occupy a “niche” in the business world. The niche doesn’t present itself for occupation, it has to be found, or created, by the ingenious.
It was only a matter of time before the emerging business of legalized marijuana became a tech play—and a real estate play.
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.
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…
Landlords are simple people. They want to collect rent and, at the end of the lease, they want their asset back in good enough shape to rent it out again. Owners of commercial property thinking about renting to legal marijuana businesses face an unusual degree of risk.
3 Lids Consulting provides real estate services for dispensary buyers and sellers, evaluates properties and provides valuation on all property listings.
Recreational marijuana has owners of Denver industrial property seeing green in more ways than one. Industrial warehouse space is becoming scarce in Denver for pot-growing operations. On March 11, 2o14, The Denver Post reported that the competitive market of warehouses for pot operations puts dispensaries in a head-to head competition for the space.
The various obstacles that marijuana investors face is undeniable. Finding real estate is a continual issue that entrepreneurs must face when looking to open a dispensary.