Marijuana Legalization Is Good for Commercial Real Estate—Contractors Too!

The legalization of marijuana is driving up the cost of commercial real estate in major cities all across the nation.

According to a report from Bloomberg News, marijuana startups hoping to secure retail space in highly populated areas in states that are working to launch recreational marijuana sales—like California and Massachusetts—can expect to shell out significantly more per square foot than what would have been required before legalization.

The report, which is based on the latest data provided by CoStar Group Inc, shows this inflation in rents is nothing that the cannabis industry hasn’t experienced before.

Read more at High Times