Chris Muoio Muoio: “Growing at scale requires a lot of space with a consistent climate, which is a need that is perfectly met by large warehouse space.”

IRVINE, CA—Both the industrial and retail markets stand to gain from marijuana’s legalization, but one of the big constraints is the drug’s continued illegality at the federal level, Ten-X’s senior quantitative strategist Chris Muoio tells Given that this issue is on the California ballot today, we spoke exclusively with Muoio about how legalization would impact the industrial market in states that vote to do so.