Currently owe 3.5M on the property.After getting the property rezoned for cannabis cultivation and processing and doing multiple building upgrades it was just appraised for 6M.The state has finally issued the license for cultivation (works similarly to liquor license where it’s attached to the real estate) therefore further increasing asset value.

Especially up here the prices have been high because of the cannabis industry and I'd expect prices to drop with legalization over a couple of years 

I'd go all-in with Cannabis and venture capital funds.

I noticed last time I renewed my tenants' leases (MA) that there's a new clause in the BP-provided form about cannabis usage, with some really draconian-sounding restrictions on it (text below).

Cannabis, hemp or CBD projects, indoors or outside?

Same with cannabis farms, bitcoin mining rules... lots to argue about. 

I was interested in Smith Falls as it has a satellite campus and a growing cannabis industry.

Examples: Oil&Gas, Farming, Govt contracts, Cannabis, Export/Import etc. 

Working on a deal to acquire a property from a licensed Cannabis business and leaseback the property to them so they can use the capital to expand.If you have any interest in coming aboard, shoot me a DM or drop your email below.

The watering and humidty levels required to grow cannabis has created spots on the walls where mold is growing as well as water damage on the walls, ceilings and floors.