For Marijuana Stocks in 2017, Real Estate Is the Next Big Catalyst

By:
For Marijuana Stocks in 2017, Real Estate Is the Next Big Catalyst

Flickr / American Advisors Group / (CC BY-SA 2.0)

Real estate is the next big catalyst for marijuana stocks in 2017, as more voters demand legalized recreational and medical cannabis in their states.

The average rent for industrial spaces in the United States was $6.30 per square foot in 2016, according to Forbes. In comparison, the average rent per square foot for industrial properties in Northern Colorado for the first half of 2016 was $8.40 per square foot.

Of course, Colorado has the most developed marijuana markets in the country.

View Original Article Here

Repost is the designation for articles collected from the Internet whose content may interest our readers. These articles are not written by our staff and they do not necessarily reflect our views.

Related posts

Top