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8 Reasons Existing Medical Marijuana Businesses Need a New Location

Submitted by Marijuana News on Mon, 05/25/2015 - 08:00

By Kerry Blasdel

Finding a suitable location is often one of the biggest hurdles startup cannabis businesses face. The headache doesn’t end once you sign a lease, though.

Dispensaries and cultivation sites must navigate a minefield of real estate challenges that can change the playing field overnight and force owners to scout out a new location quickly.

The result: You have to go through the maddeningly complex and surprisingly time-consuming process of finding real estate all over again.

This ends up being a big business issue, creating operational challenges and unexpected expenses. I can say unequivocally that it’s much more difficult to find a location in the MMJ sector than almost any other commercial industry in existence, mainly because of the many restrictions imposed by both local and state governments. This creates a long list of parameters that must be satisfied for successful occupancy of a property. Many landlords also are...

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