Legal Pot Growers to Drive Up California Warehouse Rates

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Legal pot growers to drive up California warehouse rates

Pixabay / tpsdave / CC0 Public Domain

Legalizing recreational marijuana in California is creating a gold rush for a decidedly less intoxicating sector: warehouses in which to grow the plants.

Investors have few options to cash in directly on the state’s recent decision to legalize the drug, as there are no publicly traded cannabis producing companies and marijuana remains illegal under federal law. However, they are anticipating a lift in demand for warehouses as legal pot companies search for space to grow their supply.

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