Cannabis real estate is a complex piece of building a cannabis business.
Most cannabis properties are listed for sale in “green zones” (areas zoned for cannabis businesses).
What To Look For In A Cannabis Property:
Cannabis Real Estate
- What type of zone is it in? “Green zone” designation does not guarantee that your cannabis business can operate there. Some properties are zoned for specific cannabis-related activity. For example, retail might be allowed but not cultivation.
- A cannabis realtor. Few realtors are familiar with cannabis real estate. Find one that is.
- The surrounding area. Even if the property is properly zoned, consider the neighbors. If you’re purchasing in or near a residential area, will it be worth the potential complaints and arguments? Can you find a more secluded location?
- Property type. Cannabis businesses usually have specific site needs to operate. Does this property have the infrastructure you need? Or at minimum, the potential for it?
Selecting a cannabis property can feel daunting. We’ve gathered the below resources on cannabis real estate to assist you with the process.
Choosing a cannabis realtor is one of many professionals you’ll need to find. We can connect you to them all.
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