State approves $100M to boost marijuana retailers
California approved a plan to provide $100 million to boost its legal marijuana industry. While sales have remained steady,...
cannabis
The Latest
National
Newmark’s acquisition of Knotel is approved
A bankruptcy court has approved the sale of flex-office provider Knotel to brokerage Newmark. Newmark officials said they expected...
National
Two cannabis REITs form joint venture
As cannabis-focused real estate blossoms, two real estate firms focused on the sector will now be rolled into one. The REITs, NewLake Capital Partners Inc. and GreenAcreage Real Estate Corp., will merge to form...
National Weekend Edition
Seeing green: Land rush is on in latest states to legalize cannabis
In November, voters in Arizona, New Jersey, Montana and South Dakota approved recreational cannabis use in their states. Those...
Up in smoke: Judge rejects LA’s suit against brokers who leased to unlicensed pot shop
A Superior Court judge in Los Angeles has ruled a commercial real estate brokerage and two of its employees...
Cannabis warehouse that burned in massive fire was never inspected
A cannabis products warehouse that burned down in a massive fire in May never received a fire department inspection....
Miami
Jackpot: Cannabis REIT has $120M in capital to lend to operators
AFC Gamma, a West Palm Beach-based real estate investment trust, now has $120 million in capital on hand to...
National
Retail sales are bleak, unless you’re selling pot
Though many retailers saw sales nosedive through the pandemic, marijuana product sales remained steady — and even saw gains...
Federal investigators probe large fire at cannabis products warehouse
Federal authorities have joined an arson investigation into Saturday night’s explosion at a downtown Los Angeles cannabis products warehouse...
Force majeure lawsuit over LA land deal is simply an act of cold feet, ExxonMobil says
A lawsuit filed in Los Angeles County may test which real estate deals can be voided due to the...
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