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Even the Best Laid Plans.....

Real Estate - The New Cannabis Investment?

How big is the business of cannabis real estate?  Because of the status of cannabis in the US, we look to Jones Lang LaSalle Canada, a brokerage firm in Canada, for information.  They have recently said that the amount of cannabis real estate in Canada by 2020 will be about the size of Amazon’s Seattle headquarters or roughly 8 million sqft. of cannabis canopy. To give a size comparison, that is approximately 139 football fields, or consider that 8,000,000 sq. feet of office space fills almost three Empire State Buildings. If made legal in the United States, I would expect that amount would be greater.

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Rose Jacobsen
Will a Lack of dispensaries in MI Lead to a Lack of Availability and a Black Market?

Michigan is coming up against a September 15 deadline for medical marijuana facilities to be licensed or to shut their doors.  If a facility has not been granted a license by this deadline they will be issued a cease and desist letter. If a company does not comply with the notice to shut down it will be noted in their file and will have an adverse effect on their chance to obtain a license in the future.

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With the Introduction of a New Prescription Made From Marijuana, Will it Soon be Reclassified?

‘The criminal law is too harsh a tool to apply to personal possession even in the effort to discourage use.  It implies an overwhelming indictment of the behavior which we believe is not appropriate. The actual and potential harm of use of the drug is not great enough to justify intrusion by the criminal law into private behavior, a step which our society takes only with great reluctance.’  NORML

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Rose Jacobsen
Medical Marijuana Patients May be Left Without Meds September 15

"The Temporary Operation initiative was not designed to act as a conditional license for businesses that were looking to move into the new, regulated market. It was intended as a short-term solution with the goal of maintaining patient access while we moved applicants through the licensing process - and that objective has been met,"

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Rose Jacobsen
MUSKEGON SEES $5.3 MILLION IN REAL ESTATE DEVELOPMENT FOR MEDICAL MARIJUANA IN JUST TWO MONTHS

“The City of Muskegon has seen an immediate impact from opting into the State’s Medical Marijuana Facility Licensing Act (MMFLA), the overlay district, approximately 3 square miles has seen a 320% increase in property value in just two short months. Sparrow Consulting is very proud to announce it’s clients, Inferno Gardens, Agri-Med, Bloom City, and Nirvana Center as four new businesses who have decided to make the City of Muskegon their home!” – Connie Maxim-Sparrow, Principal, Sparrow Consulting, LLC

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Connie Maxim-Sparrow
MICHIGAN CANNA COALITION ASSOCIATION BRINGS FIRST STATE APPEAL TO MICHIGAN BUREAU OF MEDICAL MARIJUANA REGULATION

“The State of Michigan must take steps towards decriminalizing marijuana in the coming months, the State must also focus on the objective interpretation of the Bureau’s emergency rules, creating a system of inequality is the last thing that patients, caregivers, and entrepreneurs need, we have enough systems of inequality!” – Connie Maxim-Sparrow, Executive Director, MCCA

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Connie Maxim-Sparrow