Tampa, FL—As the cannabis industry grows, so does the demand forits retail space. Adaptive reuse projects, as a result, have gainedtraction within the industry because of their cost savings andquicker time-to-market compared with traditional ground-upconstruction offers.

Buildings that previously housed banks tend to be popular asthey already have secure structures that comply with the cannabisindustry's unique security provisions – including vaults, safes,blocked-off areas and advanced security systems – in turn requiringless of an investment from the operator to implement theserequirements. With the onset of digital finance and the popularityof online banking, many banks are shutting down physical locations,creating an easy opportunity for cannabis retail to take over theselocations and get business moving with minimal constructiontime.