Legalized cannabis and hemp are becoming more common across the United States, which has realized an influx of a new type of tenant and purchaser into retail, industrial, and land space. Cannabis cult
Legalized cannabis and hemp are becoming more common across the United States, which has realized an influx of a new type of tenant and purchaser into retail, industrial, and land space. Cannabis cultivators have absorbed warehouse and land space, and dispensaries have occupied underutilized Class B & C space for retail purposes. Unique challenges to commercial real estate professionals and cannabis entrepreneurs have taken shape, partially because the cannabis industry is in its infancy and lacks federal support.