Monday, November 14, 2016

Six more states approve legal marijuana, creating opportunities for developers

Voters in three states, California, Massachusetts, and Nevada, approved recreational marijuana, and in three others—Florida, North Dakota, and Arkansas—they approved medical marijuana.

As pot becomes legal in more states, opportunities for commercial real estate developers to tap into this market are growing. Growing marijuana requires a lot of space with a consistent climate, making the industry well suited for large warehouse spaces.

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