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Updated about 7 years ago on . Most recent reply

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Frank Kim
  • Los Angeles, CA
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Adelanto - vacant land zoned cannabis cultivation

Frank Kim
  • Los Angeles, CA
Posted

Hi,

My mom has 20 acres of vacant land that has recently (this month) been zoned for cannabis cultivation.  We're looking for a buyer or an agent who can help us sell the parcel.  I'm wondering if I should hold or try to offload.  Would welcome any advice from people with experience in this!  Thanks.

Frank

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Aaron K.
  • Specialist
  • Riverside, CA
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

The best option for selling may be to market it to cannabis shops that are vertically integrated or looking to do so (meaning they cultivate their own product).  The real value or vacant land in that area would be the zoning so you would want to find a buyer that will use it for that.

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