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    mkulka
    Any Opportunities in Medical Marijuana ?
    Entry posted March 10, 2010 by mkulkaElite Contributor, last edited January 19, 2012
    481 Views, 2 Comments
    Title:
    Any Opportunities in Medical Marijuana ?
    Entry:

    I thought that might get your attention and I think this in line with Commonground Rules of Engagement.  It seams we are always gaging how government mandates or government regulations affect our business.  We recently completed some environmental due diligence for a bank on the redevelopment of an industrial building into a sophisticated high tech growing facility.  I tried to tack on some energy consulting incentives but it is hard to show energy efficiency with the power rating on these grow lights.  It could have been a great brownfield site but most of the improvements were already made and these incentives are not retrocative.  This same group is planning to redevelop 15 more facilities in the next 18 months.  I thought of this blog topic after touring a group of "care givers" who are considering leasing our former office building for patient visits and consultations.  They liked the layout of the building with several private offices, break room and open reception area with a waiting room.  Whether you are morally for or against this new law, there are opportunities that will be surfacing in commercial real estate and this is going to be a very large business line that is loosely regulated which equals the wild west.  

    Comment

    • ElRushbo
      posted March 16, 2010 by ElRushboMember

      California needs the $.

    • gogreen
      posted March 17, 2010 by gogreenMember

      There is a vote in the fall in California to legalize pot statewide. If successful, perhaps you could market your energy services, in the future, to small commercial growers.  Probably a tough sell though.....most of these folks are not just self medicaters but also self starters.