Legal Pot Growers To Drive Up California Warehouse Rates

Legal pot growers to drive up cost of warehouse real estate

CALIFORNIA: Legalizing recreational marijuana in California is creating a gold rush for a decidedly less intoxicating sector: warehouses in which to grow the plants. Investors have few options to cash in directly on the state’s recent decision to legalize the drug, as there are no publicly traded cannabis producing companies and marijuana remains illegal under federal Read the full article…

Kalyx Development Surpasses 600,000 Square Feet Under Management With The Acquisition Of Properties In Washington State and Arizona

Kalyx Development surpasses 600,000 in Canopy

COLORADO: Kalyx Development, a private real estate investment trust and pioneer in providing specialized real estate to the cannabis industry, announces the acquisition of two facilities in Washington State and Arizona.  At a combined 348,000 square feet, these two acquisitions advance the company’s holdings to over 600,000 square feet of cultivation and processing space, across seven buildings Read the full article…

Diego Pellicer Worldwide Tenant’s Secure New Licenses For Operations in Colorado

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COLORADO: Diego Pellicer Worldwide, a real estate and consumer retail development company that is focused on developing the world’s first “premium” cannabis brand, today announced that their Colorado tenants have been approved for three new state licenses for medical and retail operations in the state of Colorado. Diego Pellicer Worldwide’s tenants have been approved for a total of ten Read the full article…