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Navigating Legal Real Estate Issues in the Cannabis Industry
As the cannabis industry experiences unprecedented growth, businesses operating within this sector are confronted with a myriad of legal considerations, particularly in the realm of real estate. This article explores just a few of the major legal opportunities and pitfalls associated with real estate in the cannabis industry, shedding light on some of the potential complexities and issues that businesses and investors may face.
Potential Opportunities
Cultivation Facilities: Cannabis cultivation requires specialized facilities with controlled environments. Real estate owners and investors can capitalize on the increasing demand for cultivation spaces by developing or leasing properties (primarily warehouses and farmland) that meet the unique requirements of cannabis cultivation, such as climate control, security measures, and compliance with local regulations.
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