Survey: CRE Brokers High On Cannabis Real Estate Deals

On the heels of voters approving the legalization of marijuana in three more states, a survey of brokers by commercial real estate software company Apto found that 85% would do another cannabis real estate transaction, despite the difficulty of negotiating deals.

Voters in Michigan legalized marijuana for recreational use, and voters in Missouri and Utah legalized the use of medical marijuana. Now, 33 states and the District of Columbia have some form of legal marijuana sales.

Brokers rated the difficulty of a cannabis deal compared with a conventional deal at 8 on a scale of 1 to 10, with 1 being less difficult and 10 being more difficult...

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RSK: Lots of transactions happening especially in retail. I still have my doubts that Wisconsin will legalize cannabis but you never know.

Ken Notes: Imagine a bad news day for The Donald, so to change the press flow he picks up the phone and directs the feds to invade every establishment selling cannibals in every state.