Cannabis Bucks Boost Commercial Real Estate
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.