In view of the legal patchwork of regulations and restrictions governing the cannabis industry and it vast differences from state-to-state, finding and securing property for a cannabis business is not an easy task.
Zoned Properties (OTCQB: ZDPY), a strategic real estate development firm, is one of the first publicly traded real estate companies to venture into the cannabis industry. These days, it’s busy keeping up with the growing demand for real estate services in the needy industry. As such, the company is focused on how to invest, develop and protect real estate projects for the burgeoning industry.
"We're trying to unlock the formula for how to spread cannabis real estate across this country, but in a really well-positioned investment way," Zoned Properties CEO Bryan McLaren said.
McLaren was a guest on Benzinga's Cannabis Insider show on Monday where he spoke with hosts Elliot Lane and Javier Hasse about how to enhance real estate value in the cannabis industry while mitigating its risks.
Focusing On Services Side
Instead of putting a substantial amount of real estate development capital where it has never existed …