As marijuana becomes legalized in more parts of the country and as an increasing number of states grow, harvest, store, sell and allow consumption, the nation’s real estate industry has felt the effects.
According to a new report from the National Association of Realtors®, there has been a noticeable rise in demand for warehouses, land and store fronts used for marijuana. The 2021 survey, Marijuana and Real Estate: A Budding Issue, examines the legality of marijuana in terms of medical only, legalized medical and recreational prior to or after 2016.
More than one-third of respondents in states where marijuana has been legalized the longest said inve
