Cannabis Changes the Game of Real Estate
Local businesses worry the cannanbis industry is edging them out.
While Oregon may still be the new kid on the legalization block, the two states that beat us to the punch, Washington and Colorado, might have a lesson or two to teach us about what’s to come.
There’s no doubt that states have benefited financially from taxing the recently legalized industry and are looking at dramatic declines in crime rates, according to a 2015 study by the Drug Policy Alliance.
Oregon’s Department of Revenue started collecting taxes on recreational cannabis for the first time beginning Feb. 1, and by March 4 the state had collected $3.48 million from dispensaries statewide.
But growing and processing cannabis takes up space — a lot of it. In fact, it takes up so much space that the Washington State Liquor and Cannabis Board tasked the University of Washington’s Cannabis Law and Policy Project with a study...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin