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Cannabis Bucks Boost Commercial Real Estate

rexmedlen/Pixabay

The legal cannabis industry is certainly making the dollars flow in Northern California.  Example: business property that sat vacant for years got buyers--from cannabis-related businesses--soon after legalization. 

Shasta Gateway Industrial Park in Shasta Lake City sold off its last three undeveloped parcels in the boom.  There are some particular twists in the activity in a mostly cash-only industry.  Garrett Ball, a real estate agent and consultant to the industry, visits with details, along with Shasta Lake City Manager John Duckett. 

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The Jefferson Exchange is Jefferson Public Radio's daily news program focused on issues, people and events across Southern Oregon and Northern California. Angela Decker is the program's senior producer, Charlie Zimmermann is the assistant producer, and Geoffrey Riley hosts the show.