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While there is a learning curve as the medical-marijuana net leased asset niche continues to evolve, there are some investors looking to get in on the ground floor of ownership.  Leases on these assets are attractive as they usually present minimal landlord expense responsibilities and feature 10 or more years of term with annual increases. 

What can’t be ignored is the fact that the legal cannabis market grew about 45 percent in 2020 and US cannabinoid sales are expected to top $24 billion in 2021 according to BDSA, a top cannabis market research firm. Over the last year, our SRS team has sold several properties occupied by medical marijuana tenantsexamples include Curaleaf, Trulieve, Fluent (Cansortium), etcand we have three others currently in escrow. When marketing these assets, what many of the potential buyers are surprised to learn is that for the most part, retail operators in the cannabis industry are sophisticated companies with in excess of 100 retail locationsand some are publicly traded on the Canadian stock exchange.

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GlobeSt. NET LEASE Spring 2021Event

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GlobeSt. NET LEASE Spring 2021Event

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GlobeSt. NET LEASE Awards 2021Event

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