Treasury demand is driven by: 1) institutional investors that buy for tax reasons, regulatory capital reasons, or for safety; not returns.2) Fed policy which can buy at any price to combat deflationary and recession pressure which in turn, hopefully yields a bit of inflation.

Amongst them are regulatory risk where a local city just outlaws it.

I believe the market is hungry for such as it's been a bit starved for such since the post '08' regulatory actions. 

The typical home UST ranges from 250 or 500 gallons which tends to fall below the regulatory threshold.

Regulators do not give legal advice, they may give their opinion of a regulatory policy.

Be sure to address your approach to mitigating important risks to investors such as legal and regulatory risk from the cannabis space, but also the collateral coverage in the event one or more deals go belly up.

As a broker you'll have regulatory requirements.  

Without going into details under the relatively new expanded definition of securities offerings, adopted by the SEC and almost all state securities regulatory agencies, if a financial investment is involved, and people putting up the money or having money at risk don’t have control of the decision making, then its a securities offering.All Securities offering must be registered with the SEC if they’re interstate offerings, or a state securities agency if they’re intra state offerings, unless they qualify for an exemption from registration.

That changed over the last few years where a back up strategy was an afterthought or non excitant.Headwinds: regulatory, interest rates, house prices, "professional" competition, and market saturation.

And it only speaks of CONVERSION of units, with that there already exists regulatory actions on conversion via zoning for example.