PHOTO: Rapper Snoop Dogg, a cannabis advocate, shows his love for California’s new law with a heart-shaped exhale.
If you turn your nose up high enough, you’ll catch whiff of a new trend blowing through Los Angeles’ high-end real estate. Cannabis. Yep, the controlled substance the federal government hates and select states love.
Cannabis is poised to shake the real estate industry to its foundation. Virtually mainstream, it has effectively shed its stoner reputation. Millennials are receptive to it (and less offended by it) while Baby Boomers and Gen-Xers progressively appreciate cannabis’ undeniable health benefits for their aches and pains. Cannabis is no longer an underground stoner binge, it’s a booming cottage industry rebranded for wellness. In real estate, if you build it (with cannabis), they will come.
READ MORE VIA FORBES