By Jack Barnes
Cannabis cultivators and investors outside of California – such as in Colorado, Washington, and Oregon – are increasingly turning their attention to California’s new adult use market, as the overall California cannabis market is expected to reach $6.5 billion by 2020, according to ArcView Market Research.
Want to speak to a cannabis industry expert to learn why California is an attractive opportunity for outside state businesses to expand operations?
While non-California marijuana entrepreneurs can set up shop in the Golden State, local regulations, customs and other factors can present roadblocks. California-based cannabis real estate and property management company Canna-Hub says this is why it is receiving so much attention from out-of-state investors and sophisticated operators, especially from Colorado, Washington, and Oregon. Indeed, California’s multi-billion dollar industry is presenting great opportunities for out-of-towners with business leaders such as Canna-Hub paving the way for those outside the state to get involved.
Canna-Hub recently announced it is accepting lease commitments at its first-of-its-kind cannabis business community in City of Williams, California; and the Company has other strategic sites across California as well.
Multi-state cannabis real estate expert available to weigh in
Canna-Hub CEO and Founder Tim McGraw has been developing and managing real estate for almost 20 years and over the last five years has become a respected cannabis industry executive and expert. He has designed or built cannabis specific facilities in several states and abroad, and has overseen cultivation, manufacturing, distribution and security of the largest cannabis operation in Illinois.
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