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Highlighting Cannabis and the Commercial Real Estate Industry
June 13 @ 11:30 am - 1:00 pm PDT
Laws regarding the use of cannabis are quickly evolving. There are 10 states, including Washington, where the recreational use of cannabis is legal, and 33 states where some form of medical use with a doctor’s recommendation is legal. In 2018, cannabis became federally legal in Canada, though it remains a Schedule 1 drug here in the US. Forbes magazine recently predicted the global cannabis market will soon be worth over $30 billion dollars, and real estate will surely be a critical factor in that economic growth. Specialized facilities are needed to cultivate, manufacture, store, and sell cannabis products. Join us to learn more about this emerging market, associated real estate lending practices, and the unique facilities developed to support to this rapid growth.