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Seth Weissman Seth Weissman

The cannabis real estate investment market has emerged quickly, but it is still in its infancy. Commercial real estate investment interest is expected to grow—but a lot will depend on cities to clarify and iron out and bumps in the regulatory process. For now, many investors are waiting on the sidelines, and California cities could determine the long-term viability of the potentially substantial niche investment market.

“We expect interest to remain high, and for regulatory processes to normalize and become more predictable,” Seth Weissman, a partner at Jeffer Mangels Butler & Mitchell, tells GlobeSt.com. “Much depends on each city’s comfort with cannabis and the number of operations that they will permit in their city.  Long-term growth will depend, in part, on the size of the cannabis user market and potential deregulation at the federal level.”

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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