Marijuana Boom Gives Real Estate a Big High

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Marijuana Boom Gives Real Estate a Big High

Flickr / Diana Parkhouse / (CC BY 2.0)

U.S. property values are blazing, at least that is in the parts of the country where the sale of marijuana is now legal. Factories and warehouses are being bought up to be used as pot production facilities while cannabis retailers are taking over suburban strip mall storefronts, and real estate investors are getting in on the action.

The rewards for buying up buildings, retrofitting them and then leasing them to cannabis producers, could be substantial based on recent experience.

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