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cannabis real estate

Cannabis green equals real estate gold

First Colorado, now Michigan, as legalization builds demand for grow space, real estate prices go through the roof. In Denver, back in 2015, a study of the local real estate industry’s miraculous recovery determined it...
recreational cannabis

ArcView Report: Recreational marijuana to outstrip medical by 2019

Those keeping track have often heard the figure $22 billion tossed about. That is supposedly the amount the North American cannabis market could generate, even if the Trump administration tries a crackdown on recreational...

“Oops!” California dispensaries owe millions in taxes

As the state’s marijuana industry prepares for their pending heavily-regulated, seven billion-dollar market, the state’s Board of Equalization announced its quarterly list of state top 500 tax cheats. This round the list includes 13...

Medbox, makers of cannabis vending machines, busted on bogus sales claims

Medbox, the marijuana vending machine company that once boasted they would become the “Wal-Mart of Weed” just settled charges for defrauding investors. Founded in 1977 and currently renamed Notis Globa, Medbox bilked investors for...

Colorado Credit Union Processes $2.5Mil Daily in MJ Accounts  

Running a multi-million-dollar firm without checking, payroll systems and independent accounting has been the scourge of legal cannabis operations. But that appears to be changing with the pioneering work of western US credit unions....

Marijuana celebrities fire up their branding

Associating cannabis with celebrities is older than Cheech & Chong. Indeed, in a less 420-friendly era, Chong spent time in federal prison for hawking bongs using the name of one of his movies, Nice...

Cannabiz, growing like a weed

Industry analysts are reviewing a new report out from New Frontier Data claiming that by 2025 the American cannabis industry will be providing more new US jobs than the manufacturing industry or government work. The...

Marijuana stock prices “more than double” in 2016

Viridian Capital Advisors released their analysis of 2016 cannabis industry stocks. The index grew a whopping 236%, even though only one of the fifty companies they track, Innovative Industrial Properties, a cannabis-focused real estate...

Washington marijuana profit margins continue decline

In Washington, since the 2015 change in the state marijuana tax rate, dispensaries have seen a steady erosion in their profit margins, or mark-up. The situation is so dire, Eli McVey of Marijuana Business...

Canada’s Canopy Growth, the cannabis industry’s 1st “unicorn”

On Wall Street, startup companies valued at $1 billion or more are so rare they’re called “unicorns.” Canada’s Canopy Growth just muscled into that rare air and then some. Based in a 472,000-square-foot former...

In spite of (or because of) defeat of recreational, AZ medical marijuana soars

Despite losing their hotly contested legalization initiative in the 2016 election, Arizona’s medical marijuana program is now the 3rd largest in the nation. Adding 27,000 patients during the calendar year, the state’s patient count...

280E be damned! Big banks cozy up with cannabiz

A report published last month by American Banker revealed that, despite walls of denial and the threat of federal punishment, big banks are indeed doing business with cannabis companies. Beaucoup business. Reviewing bank records...