Over the lifespan of retail-oriented industry in America, real estate has been a make or break factor in the success of many companies. The now legendary former president of McDonald’s Harry Sonneborn once famously told McDonald’s founder Ray Kroc that he wasn’t “in the burger business, but the real estate business.” The quality and strategy […]
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Medical and Recreational Marijuana: An Overview of the Various Issues Involved in Starting and Operating Marijuana Dispensaries Part 4
This article is the fourth part of a six-part series discussing the legal issues, operational challenges, and regulatory hurdles that marijuana-related businesses (MRBs) frequently encounter. Part 1 discussed the various fire, health, and safety risks that MRBs encounter while growing and cultivating marijuana plants inside large, indoor, commercial spaces. Part 2 discussed the three most […]
5 Key Considerations When Starting Your Cannabusiness
The estimate is staggering: $30,000,000,000. That’s a lot of zeros and a forecast of annual legal cannabis sales by 2025—this as more and more states legalize marijuana for medical or recreational use. No question, the cannabis business is booming, which is something of a given. Less obvious is what you, as a budding cannabusiness entrepreneur, […]
Data Proves Cannabis Dispensaries Increase Property Values
As more states approve medical cannabis and legalize recreational cannabis, the amount of data proving that cannabis dispensaries increase local property values continues to pile up. Numerous studies conducted by researchers, companies, and even real estate associations not only show that property values increase when dispensaries open nearby but also that property values jump when […]
Cannabis Real Estate Evolution: What you need to consider
By Jacques Santucci The cannabis industry is evolving rapidly and so is your view of the real-estate market From coast to coast, America’s real estate markets are facing considerable shifts due to the advent of the legal cannabis industry, prompting once derelict store fronts and industrial warehouses to skyrocket in price, with competition for precious […]
Cannabis Business Owners Find Owning Their Real Estate Is a Prudent Investment
In the unstable and risky marijuana industry anything can happen — your neighbor could wage a Racketeer Influenced and Corrupt Organizations Act suit against you, your bank can tell you that you need to move your money to another institution, or you could lose your license for a small screw up. But in all of […]