Make Money in Cannabis Real Estate: Finding a Qualified Operator

Date Changed! [Update: SEPTEMBER 12, 2018] BaseCanna is excited to present its inaugural "Cannabis And Real Estate" monthly series! Join us to learn about the ins-and-outs of finding and qualifying a cannabis operator for your cannabis real estate investment. The California cannabis industry is expected to grow from less than a billion dollars in 2016 to more than $5 billion in 2019. And in less than a decade, US cannabis sales are expected to outpace the soft drinks market with over $75B worth of annual cannabis spending. This rapidly expanding industry has significant real estate needs, but not a lot of cannabis friendly landlords or credit-worthy tenants with any significant track record. Similar to other forms of residential and commercial real estate, qualifying your tenants provides greater assurance that rents, or in our case, membership dues, are paid in full and on time. While it is important to investigate the financial, legal, and business viability of your prospective tenant, what’s unique about a cannabis tenant? Cannabis is a new asset class and qualifying its tenants requires additional due diligence. Come learn the secrets of how to qualify a cannabis tenant and increase your chances of getting premium cannabis rents.  A note about the presenter: BaseCanna develops and manages turn-key cannabis campuses for new and experienced cannabis operators. Learn more about us at www.basecanna.com.