Real Estate

The fourth and final installment of our 2023 Cannabis Industry Predictions series covers international cannabis policy, legalization, finance, fintech, and cannabis industry real estate.

San Diego officials are gathering feedback on a proposal to eliminate certain zoning rules that could increase the number of cannabis dispensaries in the city by up to 40%.

Harborside Inc. has agreed to acquire Urbn Leaf dispensaries and Loudpack which, when combined, will create one of the larger cannabis companies in California.

A survey published Monday by real estate brokerage firm Redfin found that 46% of respondents would “prefer to live” or “will only live” in a place where cannabis is legalized broadly.

A California jury has awarded $5 million in damages in what is believed to be the first cannabis industry antitrust case in the nation, according to a National Law Review report.

The National Underwriter Company is launching the Cannabis Insurance Coverage Specialist program, one of the first certifications for insurance agents, risk managers, and other professionals who advise cannabis-related businesses.

Global Hemp Group Inc has acquired 664 acres of land in Hayden, Colorado to build affordable housing with hemp-based materials over the next 25 years.

A recent survey of potential American home buyers found that just 46 percent of respondents would be willing to buy a house within one mile of a cannabis dispensary.

A National Association of Realtors report indicates increased demand for warehouses in legalized states; house pricing, meanwhile, seems generally unaffected by nearby cannabis dispensaries and operators.

A new RE/MAX housing report found that Canada’s legal cannabis industry has driven up housing prices in regions with successful cannabis operators, despite warnings from anti-legalization advocates that the opposite would happen.