Tag Archives: Real Estate

Central Florida Medical Marijuana Firm Sold in $43M Deal

Central Florida Medical Marijuana Firm Sold in $43M Deal

Central Florida Medical Marijuana Firm Sold in $43M Deal

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.

Future Farm Technologies Closing Date

Future Farm Signs Contract to Buy Cannabis Zoned Building in Rhode Island

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.

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.

Canna-Hub Announces Launch of California’s Largest, Most Sophisticated Cannabis Real Estate Portfolio to Help Business Owners Capture Green Rush

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.

Oregon Company Considers Lake Selmac Property for Cannabis-Friendly RV Park

Oregon Company Considers Lake Selmac Property for Cannabis-Friendly RV Park

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.

In Maine, Marijuana Legalization Raises Demand For Industrial Real Estate

In Maine, Marijuana Legalization Raises Demand For Industrial Real Estate

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.

North American Cannabis Industry Raised $1 Billion in 2016

North American Cannabis Industry Raised $1 Billion in 2016

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.

Nevada Talks Medical Marijuana and Commercial Real Estate

Nevada Talks Medical Marijuana and Commercial Real Estate

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.

California

Marijuana Initiative Driving Northern California Real Estate Boom

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.

GrowCondos

Grow Condos and A Growers Resource Sign Representation Agreement

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.

landlords

Housing Guru Connects Landlords With Renters Who Grow Pot Legally

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.

GrowCondos

Grow Condos, Inc. Announces up to $5 Million Investment Agreement

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.

Marijuana Investment & Private Retreat

Marijuana Investment & Private Retreats (MIPR) Presents Investing in Cannabis Companies: A “How To” Investment Workshop

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.

debt financing

Top 10 Tips for Cannabusiness Debt Financing, Plus One

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.

HerbFront Capital Listing and Cafe Serendipity and Pennsylvania

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 Capital Listing and Cafe Serendipity and Pennsylvania

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 Capital Listing and Cafe Serendipity and Pennsylvania

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.

HerbFront business model

HerbFront Grows: Business Model Evolves

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.

Real Estate Sign

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

Landlords

Landlords Calculate Marijuana Risk

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.

Real Estate

Warehouse Space Scarce as Indoor Weed Farms Skunk Denver’s Industrial Real Estate

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.


Top