Budding medical marijuana industry sparks a blooming real estate market

As medical marijuana growers and dispensaries gain approval and governments fine-tune associated ordinances, prospective cannabis businesses are eyeing — and buying — commercial real estate.

The result is a boom in west Michigan’s commercial property market, one in which Mark Howland sees potential.

“When you find something, you pretty much have to jump on it right then because someone else is going to get it before you,” Howland said. “Battle Creek is experiencing that right now and there are a lot of properties that have been sold just in the last week. ”

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Posted Under: CBOR News