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How Cannabis (and Hemp) Legalization Has Transformed Real Estate

The legalization of cannabis has undeniably become a key policy issue in the United States and many parts of the world, with the discourse taking a sharp turn from criminalization to economic opportunities. Many U.S. states have legalized cannabis either for medical use, recreational use, or both. As such, this shift has had an array of impacts on different economic sectors, one of which is real estate. The intersection of cannabis legalization and real estate is a growing field of study, but it’s clear that the influence is substantial.

 

Elevated Property Values

One of the primary impacts of cannabis legalization on the real estate market has been the increase in property values. A study published in the journal ‘Economic Inquiry’ in 2020 found that states that legalized recreational cannabis use saw home values increase by an average of 7% more than states where cannabis remained illegal. The researchers attribute this increase to a combination of factors, including the influx of new businesses and job opportunities associated with the cannabis industry, which can lead to population growth and increased demand for housing.

 

In Colorado, for instance, a similar study found an 8% increase in home values following cannabis legalization. Additionally, homes located near cannabis dispensaries saw an increased value, a phenomenon often referred to as the ‘Green Rush.’

 

Impact on Commercial Real Estate

While residential real estate has experienced significant impacts, the commercial sector has seen even more profound changes. With the legalization of cannabis, there’s been an increased demand for industrial and retail space to cultivate, produce, and sell cannabis products.

 

In areas where cannabis is legal, warehouses, greenhouses, and other industrial properties suitable for growing cannabis are in high demand. These spaces are often larger and more expensive than typical commercial properties, leading to an overall increase in commercial real estate prices.

 

Similarly, retail spaces that can be used as dispensaries are also in high demand. Due to zoning laws and other restrictions, these spaces are often located in prime retail areas, which can further drive up their value.

 

Urban Revitalization and Gentrification

The cannabis industry has also played a significant role in urban revitalization in some areas. In many cities, previously vacant or underutilized buildings have been repurposed as cannabis cultivation facilities or dispensaries, leading to increased economic activity and neighborhood revitalization.

 

However, this revitalization can also lead to gentrification, a process that can push out long-term residents as neighborhoods become more desirable and housing prices rise. It’s important for local governments to consider these potential impacts when creating policies related to the cannabis industry.

 

Challenges and Risks

While the impacts of cannabis legalization on real estate have largely been positive, there are also challenges and risks associated with this new industry. For example, many banks are hesitant to provide loans for properties associated with the cannabis industry due to the substance’s federal legal status. This can make it difficult for cannabis businesses to secure real estate and can complicate transactions for other buyers and sellers.

 

Furthermore, while property values near dispensaries have generally increased, some residents and businesses may not want to be located near these facilities due to perceived issues with crime or community character. This can create conflicts within communities and can potentially limit the pool of potential buyers or renters for these properties.

 

Future Implications and Opportunities

Looking ahead, the continued maturation and expansion of the cannabis industry present numerous implications and opportunities for the real estate market. As the industry consolidates and matures, we can expect to see larger, more sophisticated cannabis operations, requiring more specialized real estate solutions. This development could spur further innovation in industrial and commercial real estate, driving demand for properties that can accommodate high-tech cultivation and processing facilities, sophisticated retail environments, and more.

 

The relationship between cannabis legalization and real estate also opens doors for niche markets and specialization within the real estate industry. Real estate professionals who understand the unique needs and regulatory challenges of the cannabis industry are in high demand, and there’s a growing need for specialized services such as cannabis-friendly property management and consulting.

 

Moreover, as the cannabis industry continues to grow, its contribution to property taxes and other local revenues will become an increasingly important part of municipal budgets. This revenue can be used to fund public services and infrastructure improvements, which can further enhance property values and contribute to local economic development.

 

Policy Considerations

However, with these opportunities come significant policy considerations. As mentioned earlier, the intersection of cannabis and real estate has brought about issues concerning gentrification, community conflict, and financing difficulties due to the federal legal status of cannabis. Policymakers and community leaders must navigate these challenges carefully to ensure that the benefits of the cannabis industry are shared equitably and that potential harms are minimized.

 

For instance, zoning regulations can be used to control where cannabis businesses are located to prevent an overconcentration in certain neighborhoods and to mitigate potential conflicts. Additionally, programs could be developed to help long-term residents and small businesses stay in gentrifying neighborhoods.

 

At the federal level, legislation could be enacted to provide clearer guidance for banks and other financial institutions that want to work with the cannabis industry. This would make it easier for cannabis businesses to secure real estate and could stabilize this aspect of the market.

 

In conclusion, the legalization of cannabis has had a significant impact on the real estate market, driving up property values, spurring urban revitalization, and creating new opportunities for investment and specialization. However, it also presents unique challenges and policy considerations that must be addressed as this industry continues to evolve. By staying informed and proactive, real estate professionals, policymakers, and communities can navigate these changes effectively and equitably, turning the ‘Green Rush’ into a lasting source of economic growth and prosperity.

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Cannabis Zoning and "Green Zones" Explained

Zoning regulations play a crucial part in the cannabis industry. Because cannabis is a highly regulated substance, its legality in numerous states and countries doesn’t mean its cultivation, sale, or usage is allowed everywhere.

Zoning Laws and Conditional Use Permits Zoning laws are enforced by local governments to control land development and designate what types of buildings and operations can exist in certain areas. These zones can be residential, commercial, or industrial.

For cannabis businesses, these zoning laws usually determine where operations can occur. For instance, dispensaries may be barred from being too close to schools, parks, or residential zones (often called restrictive buffers), while cultivation sites might only be allowed in agricultural or industrial areas.

However, in some cases, a cannabis business may obtain what’s known as a Conditional Use Permit (CUP). A CUP is a type of zoning exception that allows a business to operate in a zone where it would otherwise be prohibited. The CUP is usually granted on the condition that the business meets specific requirements that mitigate potential adverse impacts on the surrounding area. This can include restrictions on operating hours, signage, or waste disposal methods.

Green Zones “Green Zone” is a term used in the cannabis industry to refer to areas where local zoning laws permit cannabis-related operations. Depending on the jurisdiction, these zones can be designated for different types of cannabis operations, such as cultivation, manufacturing, or retail sales.

A Green Zone might be defined as being a certain distance from sensitive areas like schools or daycare centers, or it could be a specific commercial or industrial district where cannabis businesses are allowed.

Being within a Green Zone is often a prerequisite for acquiring a license to run a cannabis business. Consequently, real estate within these zones can be highly sought after and may be more expensive than comparable properties in areas where cannabis operations are not allowed.

However, even if a property is located within a Green Zone, this doesn’t mean a cannabis business can operate there without any restrictions. In addition to zoning, there are often other local and state regulations to adhere to, such as safety codes, signage restrictions, and operating hours.

Furthermore, even within Green Zones, a Conditional Use Permit may be required, which can impose additional conditions on the business operations.

In summary, if you’re considering establishing a cannabis business, understanding the intricacies of local zoning laws, Green Zones, and Conditional Use Permits is crucial. It’s often advisable to seek legal assistance to navigate these complex regulations.

Types of Properties Used By Cannabis Businesses:

Cannabis businesses use various types of properties to operate. These businesses can include growers, processors, dispensaries, and research facilities. Here are some types of properties used:

 

  1. Agricultural/Farm Land: These properties are primarily used for growing cannabis. They may have open fields for outdoor growing or existing buildings that can be converted into indoor grow operations.
  2.  
  3. Industrial Properties: Often used for the processing, manufacturing, and packaging of cannabis products. These buildings might be outfitted with specialized HVAC systems and electric capabilities to accommodate the energy-intensive needs of cannabis manufacturing and processing equipment.
  4.  
  5. Warehouses: Similar to industrial properties, these are used for storing raw cannabis, finished products, and equipment. They can also be converted into indoor grow operations.
  6. Retail Properties: These properties are used for dispensaries where cannabis products are sold to the public. Dispensaries often require properties that have the right zoning for this type of business.
  7.  
  8. Office Spaces: These can be used for administrative purposes, for businesses that focus on cannabis research, consulting, or legal services.
  9.  
  10. Laboratories: For businesses focusing on cannabis testing and research, lab spaces are needed. These might need to be equipped with specialized ventilation and safety systems, among other things.
  11.  
  12. Greenhouses: In regions with less favorable climates, greenhouses provide an opportunity to grow cannabis plants under more controlled conditions.
  13.  
  14. Residential Properties: In some places where home growing is allowed, residential properties might be used for small scale cultivation.
  15.  
  16. Delivery Hubs: For businesses that offer cannabis delivery services, properties that serve as local distribution hubs will be necessary.
  17.  

As a note, it’s essential for these properties to comply with all local zoning laws and state cannabis regulations. In many cases, the process of obtaining the necessary permissions to use a property for a cannabis business can be complex and time-consuming.

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3792 Crooked Creek Dr., Vassar, MI – Turnkey Cultivation Opportunity

3792 Crooked Crk Dr, Vassar, MI 48768, USA

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Types of Cannabis Greenhouses:

Greenhouse cultivation offers a unique blend of control and natural growing conditions for cannabis and hemp plants. This middle ground between indoor and outdoor cultivation can result in high-quality plants while offering economic and environmental efficiencies. There are several types of greenhouses commonly used in the industry, each with their unique features:

 

  • Light Deprivation (“Light Dep”) Greenhouses: Light deprivation greenhouses allow cultivators to control the light cycle, or photoperiod, to trigger flowering in cannabis plants. By manipulating the light exposure, growers can have multiple harvests per year, rather than relying on the natural change of seasons. These greenhouses are fitted with a blackout system, typically an automated curtain or tarp, that can create darkness at any time.
  •  
  • Venlo Greenhouses: Originating from the Netherlands, the Venlo greenhouse is a popular choice due to its modular and flexible design. Its defining feature is a roof composed of multiple small pitched roofs or “bays,” allowing it to be scaled up or down easily. The roof vents in a Venlo design offer excellent climate control, which is crucial for cannabis cultivation.
  •  
  • Gutter Connected Greenhouses: These greenhouses are designed for large-scale commercial cultivation. They consist of a series of greenhouses connected along the length of the gutter, allowing growers to manage a large growing area as one cohesive unit. This setup maximizes land usage and can make climate control and irrigation systems more efficient.
  •  
  • Automated Greenhouses: These greenhouses incorporate advanced technology to automate various aspects of the growing process. They may include automatic watering and nutrient delivery systems, climate control systems, and even automated plant monitoring systems. This automation can increase efficiency and often results in higher yields and consistent quality.
  •  
  • Agricultural Exempt (“Ag-Exempt”) Greenhouses: Some states or jurisdictions have building codes that exempt certain types of agricultural structures, including greenhouses, from some permitting requirements. These “Ag-Exempt” greenhouses can be less costly and faster to build, but they must meet specific criteria to qualify for the exemption.

The best type of greenhouse for a cannabis operation depends on several factors, including the size of the operation, the local climate, the available budget, and the specific goals of the grower. It’s also essential to consider local zoning and building regulations when choosing and designing a greenhouse.

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Amado 100 Property – Cannabis/Hemp Ready Commercial Scale Greenhouses in Santa Cruz County, Arizona

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Types of Property Amenities Required by Cannabis Businesses:

Cannabis businesses, whether they’re involved in cultivation, processing, distribution, or retail, require specific property amenities to function optimally. Let’s look at some of these critical amenities:

 

Electricity: The cannabis industry, especially indoor cultivation operations, is highly energy-intensive. Indoor grows require powerful lighting systems, ventilation and air conditioning, and other equipment that draw heavily on electrical resources. Therefore, properties that have robust electrical systems and access to reliable electricity sources are highly desirable.

 

Sunlight: For outdoor cultivation or greenhouse operations, access to ample sunlight is crucial. Cannabis plants require a good amount of light to grow well. A location with consistent, year-round sunlight can lead to multiple harvests and increased yield. The property should ideally have a clear, unobstructed southern exposure (in the Northern Hemisphere) to maximize sunlight access.

 

Water: Cannabis plants require a substantial amount of water, making water access a critical factor for cultivation operations. Irrigation systems must be reliable, and in some cases, properties might need access to large quantities of water. Having a property with a well or other independent water source can be a significant advantage.

 

Security: Given the high value of cannabis crops and products, security is a paramount concern. This need translates into certain property features, such as fencing, security cameras, alarm systems, secure doors and windows, and sometimes even security guard facilities. Some jurisdictions also have specific security requirements that must be met.

 

Transport Access: Ease of transportation is vital for all elements of the cannabis supply chain. For cultivation and manufacturing facilities, easy access to major roads or highways can simplify the process of transporting raw materials and finished products. For dispensaries, convenient and visible locations with easy access for customers are preferred. Additionally, areas with ample parking space can be a significant advantage.

 

Proximity to Support Businesses: Just like any other business, cannabis operations can benefit from being close to other businesses that provide supporting services. These might include equipment suppliers, legal and consulting services, or other industry-specific resources. For dispensaries, being near complementary businesses like cafes or wellness centers might also be beneficial.

 

Other Amenities: Depending on the specific cannabis operation, other amenities might also be important. For example, cultivation operations might need properties with high ceilings to accommodate tall cannabis plants and hanging lighting systems. Processing facilities might need areas that can be made sterile for the production of extracts or edible products. Retail operations might look for properties with attractive storefronts and comfortable, inviting interiors to attract and retain customers.

Remember, all these amenities should align with local and state regulations governing the cannabis industry. It’s always recommended to work with professionals familiar with these specific requirements when considering a property for a cannabis business.

Cannabis Real Estate Pricing, Demand, Risks, and Landlord Objections:

Pricing: Cannabis-specific real estate often comes at a premium. This is due to the high demand and limited supply of suitable and compliant properties, particularly in areas zoned for cannabis operations, also known as “Green Zones”. Prices can vary based on the property’s size, location, available amenities, and the local real estate market.

 

Demand: The demand for cannabis real estate remains high due to the rapid growth of the industry. As more states and countries legalize cannabis, new businesses are continuously entering the market, driving up demand for suitable locations for cultivation, processing, and retail facilities.

 

Risks: Investing in cannabis real estate comes with its own set of risks. The regulatory landscape for cannabis is complex and can change rapidly, making it challenging to ensure continuous compliance. Furthermore, despite its legal status in many states, cannabis remains illegal at the federal level in the U.S., which can create additional legal and financial risks. Other risks include potential environmental issues related to cannabis cultivation, such as odor or water use, which can cause conflicts with neighbors or local authorities.

 

Landlord Objections: Some landlords are hesitant to lease to cannabis businesses due to the associated risks. These can include potential legal implications, higher insurance costs, concerns about property damage due to modifications needed for cannabis operations, and the potential for increased scrutiny from local authorities or banks. Some landlords might also have moral or personal objections to the cannabis industry.

 

Therefore, it’s crucial for potential cannabis tenants to be transparent with their landlords about their business plans and to work to address any concerns. It can be beneficial to highlight steps taken to mitigate potential issues, such as implementing a robust security system, ensuring regulatory compliance, or using odor control measures for cultivation operations.

Cannabis Real Estate Investment Trusts:

A Real Estate Investment Trust (REIT) is a business entity that owns, and typically manages, income-producing real estate properties. In the burgeoning cannabis and hemp industries, specialized Cannabis Real Estate Investment Trusts (REITs) have emerged, focusing on properties integral to these sectors. These trusts offer potentially lucrative investment opportunities, but it’s crucial to understand the landscape, potential avenues, and competitors before investing.

 

Cannabis REITs generally fall into one of three categories:

 

Equity Cannabis REITs: This is the most common type of REIT, where investors buy into a portfolio of income-yielding real estate. In an equity cannabis REIT, the trust owns properties – such as farms, retail outlets, and warehouses – used in the cannabis industry. Returns are typically derived from leasing these properties to businesses operating in the sector.

 

Mortgage Cannabis REITs: In contrast to owning physical assets, mortgage cannabis REITs function more like lenders, making profits from providing capital to businesses to buy real estate in the cannabis industry.

 

Hybrid Cannabis REITs: These REITs don’t strictly adhere to either of the two categories. Hybrid cannabis REITs generate income both from owning properties and lending money to those not interested in leasing. This arrangement allows the investor to profit even when businesses use property that the REIT doesn’t own.

 

REITs, regardless of the industry, have inherent benefits. They enable multiple investors to pool their resources to invest in real estate that might be unattainable individually. This benefit is particularly significant in the cannabis industry, where conventional financial services are often hesitant to engage due to the sector’s unique legal challenges. Despite the legality of cannabis at the state level, federal law still considers it illegal, causing most traditional financial institutions to shun the industry.

 

Cannabis REITs have the potential to bridge this financial gap. They can provide the much-needed capital for entrepreneurs in the cannabis industry to lease properties or even acquire them. This capital provision becomes even more critical given the constraints around “green zones,” specific areas where cannabis-related activities are allowed.

Since cannabis REITs pool resources, they can acquire substantial real estate within these zones. In certain scenarios, a cannabis REIT might even monopolize the retail spaces within a green zone (although this is less likely with farmland and warehouses due to larger availability).

 

Several cannabis REITs have already made substantial investments in properties within green zones. Some prominent players in the sector include:

 

  • AFC Gamma
  • Freehold Properties, Inc
  • GreenAcreage Real Estate Corp
  • Inception REIT
  • NewLake Capital Partners
  • Power REIT
  • Treehouse Real Estate Investment Trust
  •  

Some of these companies are privately owned, while others, like Power REIT, are publicly traded on stock exchanges. While anyone can invest in publicly traded REITs, doing so often requires more comprehensive research, substantial capital, and strategic connections.

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Innovative Industrial Properties 

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Power REIT 

301 Winding Road, Old Bethpage, NY 11804, USA

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Inception REIT 

Beverly Hills, CA 90210, USA

Inception REIT ("I-REIT") is the first real estate investment trust formed by a leading cannabis investment firm, The Inception Companies, that focuse

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Cannabis Sale-Leaseback Transactions:

Sale-leaseback transactions have emerged as a unique financing alternative that many businesses in the cannabis industry are employing. This method is not strictly debt or equity financing, but rather an amalgamation, often termed as a hybrid debt product.

In a sale-leaseback, a company doesn’t augment its debt but instead raises the needed capital through the sale of certain assets, subsequently leasing those assets back to sustain operations. For cannabis businesses, this can translate into selling assets such as cultivation, processing, and storage real estate to secure vital operating capital, and then leasing it back. This approach is well-suited to cannabis businesses given the extensive and high-value assets they use, such as land, warehouses, farming machinery, and retail spaces.
In this transaction, a cannabis operator suffering from liquidity issues due to limited financing options sells their property (like a greenhouse, warehouse, dispensary) to a Real Estate Investment Trust (REIT) and then leases it back. This permits the operator to secure immediate cash without diminishing their ownership interests.

 

In practice, the sale-leaseback allows the cannabis operator to redirect the proceeds from the sale to invest and expand their business, freeing their equity from being tied up in real estate. The higher return derived from the business often outweighs the returns from owning real estate. While sale-leasebacks are prevalent in non-cannabis real estate sectors like office buildings and shopping centers, there are few cannabis REITs due to the nascent nature of the industry and federal restrictions on cannabis.
A sale-leaseback transaction typically consists of two agreements:

 

  • The current owner-occupant of the property agrees to sell their asset to an investor at a fixed price.
  •  
  • The new owner agrees to lease the property back to the current tenant under a long-term leaseback agreement, effectively becoming the landlord.
  •  

This arrangement allows the seller to remain the tenant while transferring ownership of the asset to an investor. The buyer, on the other hand, purchases a property with a long-term tenant already in place, enabling immediate cash flow. However, it’s important to note that in a sale-leaseback, the seller-tenant gives up their right to any future appreciation in the property’s value. If they fail to meet the monthly payments, they might need to renegotiate the lease or face eviction.

 

The advantages of sale-leasebacks are increasingly enticing cannabis businesses to opt for this model:

 

  1. As traditional funding from banks and venture capitalists is typically unavailable due to the classification of cannabis as a Schedule 1 drug, sale-leaseback transactions present a promising financing alternative for cannabis businesses.
  2.  
  3. These transactions allow cannabis companies to raise capital while retaining access to critical properties.
  4.  
  5. The long-term lease agreement in a sale-leaseback ensures predictable expenses.
  6.  
  7. By selling real estate and leasing it back, businesses can free up tied capital, enabling reinvestment into core operations and promoting growth. The funds generated from a sale-leaseback can be reinvested into various aspects of the cannabis operations, including equipment and inventory purchases, expansion, and new hire training.
  8.  

Several recent instances highlight the increasing trend of sale-leasebacks in the cannabis space. Examples include Chicago-based Cresco Labs’ $50 million sale-leaseback deal with GreenAcreage Real Estate and New York-based multi-state operator (MSO) Columbia Care’s raising of $35 million by selling and leasing back six properties in Illinois, California, and Massachusetts to New Lake Capital Partners.


In the short term, it is anticipated that cannabis companies will continue to resort to sale-leaseback transactions due to the tightening of funding avenues resulting from falling stock prices of unprofitable cannabis companies. However, as the acceptance of marijuana increases, traditional funding sources may become more willing to support cannabis businesses, leaving the future of sale-leaseback transactions somewhat uncertain.

Using a Cannabis Real Estate Agent to Buy or Sell Properties.

Buying or selling a property for cannabis-related operations comes with a unique set of challenges due to its nascent nature and the regulations associated with the industry. Consequently, engaging a real estate professional with specific expertise in cannabis can significantly streamline the process and maximize the success of such transactions.

Here’s why using a cannabis real estate professional can be beneficial:

 

  1. Knowledge of Local Laws and Regulations: Understanding the local laws and regulations related to cannabis businesses is crucial. A cannabis real estate professional will have a firm grasp of these complexities and can help you navigate zoning laws, licensing requirements, and “green zones.” They can also assist in ensuring compliance with any conditional use permits required.
  2.  
  3. Access to Suitable Properties: A cannabis real estate professional is likely to have access to an inventory of properties suitable for cannabis operations that meet specific requirements, such as proper zoning, security provisions, utility access, and more. They can connect you with the right properties or potential buyers more effectively than a general real estate agent.
  4.  
  5. Experience with Sale-Leaseback Transactions: Given the unique financial constraints of the cannabis industry, a professional with expertise in the field will have experience with creative financing solutions such as sale-leaseback transactions. These can provide critical capital for operations while still allowing businesses access to the properties they need.
  6.  
  7. Understanding of Specific Property Requirements: Whether you’re looking for a retail space, a cultivation facility, a processing center, or a warehouse, a cannabis real estate professional will understand the specific requirements for each, from power and water needs to transportation access and security considerations.
  8.  
  9. Professional Network: An experienced cannabis real estate professional will have an extensive network within the industry. They can connect you with legal professionals, contractors, and financial professionals familiar with the cannabis industry.
  10.  
  11. Risk Mitigation: The cannabis industry carries unique risks due to its federal status and evolving regulations. A cannabis real estate professional can help identify and mitigate these risks.
  12.  
  13. Market Knowledge: Cannabis real estate professionals keep up with trends, pricing, and demand in the market, ensuring that you’re well-positioned to either buy or sell a property at the best price.
  14.  
  15. Negotiation Skills: Given the specialized nature of cannabis real estate, negotiations can be intricate. An experienced professional can help you negotiate lease terms, purchase prices, and conditions to your benefit.
  16.  
  17. Experience with REITs: If your strategy involves engaging with Real Estate Investment Trusts (REITs), a cannabis real estate professional will have experience dealing with such entities and can help you navigate these relationships effectively.

Remember, the right cannabis real estate professional can save you time, money, and unnecessary complications. Therefore, it’s essential to thoroughly research and choose a professional who has a solid track record in the cannabis real estate market.

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Eric Espinoza, Marketing Director, Green Life Business Group, Inc
Eric Espinoza, Marketing Director, Green Life Business Group, Inc

San Diego, CA, USA

I assist both Sellers looking to sell their Cannabis Business at market value and Buyers who are looking for their next Cannabis assets to add to the

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Drew Mathews CEO, Green Life Business Group, Inc
Drew Mathews CEO, Green Life Business Group, Inc

San Diego, CA, USA

Green life Business Group Inc. is located in San Diego, California. We have over 60 cannabis businesses for sale on the market of which we are 100% ex

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Using 420 Property for All Your Cannabis Real Estate Needs

420 Property is an online marketplace dedicated to cannabis and hemp real estate, businesses for sale, equipment, and related professional services. It is a go-to destination for professionals seeking to buy, sell, or lease properties for cannabis and hemp cultivation, manufacturing, and retail, as well as to find financing options and industry professionals.


To Buy or Lease Cannabis Real Estate: To purchase or lease cannabis real estate, navigate to 420 Property’s website. There, you’ll find a variety of listings for properties suitable for cannabis cultivation, manufacturing, or retail. You can filter listings based on property type, location, size, price, and more. Once you’ve found a property you’re interested in, you can contact the seller or lessor directly through the platform.


To Sell Cannabis Real Estate: If you’re looking to sell or lease out your cannabis property, 420 Property offers an easy-to-use platform. By creating a listing, you can reach a wide audience of potential buyers and renters who are specifically interested in cannabis-related properties. You can include detailed information about your property, including its current use, zoning details, and relevant photographs.


Searching for Cannabis Real Estate: 420 Property’s powerful search engine allows you to specify your requirements to find the right property. Whether you are looking for a greenhouse, a warehouse, a storefront, or land suitable for outdoor cultivation, you can customize your search to meet your needs.


Financing Options: For those needing financial assistance, 420 Property provides access to a network of lenders who specialize in the cannabis and hemp industry. This can be particularly useful given the challenges associated with obtaining traditional financing for cannabis-related properties due to federal regulations.


Professional Services: In addition to real estate listings, 420 Property also features professionals who offer a range of services to the cannabis industry. This includes real estate brokers, attorneys, consultants, and more. These professionals can help guide you through the intricacies of cannabis real estate transactions and ensure you’re making a sound investment.


In conclusion, whether you’re looking to buy, sell, or lease cannabis real estate, or seeking specialized professional services, 420 Property is a valuable resource. It provides a centralized platform tailored to the unique needs and demands of the cannabis and hemp industries.

Cannabis Dispensary Retail License For Sale Includes Real Estate (Calexico, California)

Calexico, CA, USA

Take advantage of a rare opportunity to acquire a cannabis dispensary retail storefront strategically located next to I-111 in Calexico, California .

Retail Stores/ Dispensaries

Premier Cannabis Dispensary Retail W/ Prime Location For Sale (Richmond, California)

Richmond, CA, USA

This is being sold by way of court ordered receivership and is subject to court confirmationDiscover an exceptional opportunity in the heart of a prim

Retail Stores/ Dispensaries

Perfect NEW Potential GROW AND HOME!

105 N T 300 St, Stigler, OK, USA

Giant pull through garage, and brand new single wide with she’s storm shelter too! Perfect and ready for a new cannabis grower to get started in!  

Residential Acreage For Sale

40 Perfect Cannabis Growing Acres! $185,000
40 Perfect Cannabis Growing Acres!

East County Road 1110, Tamaha, OK 74462

Secluded, on a well maintained dirt road, new survey, square shaped with no easements! HUGE,!amazing views,  Haskell County OK  is known for the hig

Land For Sale

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