Buy & Sell Homes & Commercial Business & Properties https://cbxrealestate.com Property & Business Listings Mon, 23 Sep 2019 21:33:06 -0700 en-US hourly 1 https://wordpress.org/?v=5.3 How Tough Is It To Buy Or Start A Cannabis Franchise? https://cbxrealestate.com/how-tough-is-it-to-buy-or-start-a-cannabis-franchise/ Mon, 23 Sep 2019 21:16:16 +0000 https://cbxrealestate.com/?p=6965 Franchising in the U.S & Canadian markets generated over $474 billion last year. Tt’s not surprising that entrepreneurs & business minded people in cannabis industry are attracted to the fast growth marijuana franchising can provide.   Launching a cannabis franchise is not as easy as starting a McDonald’s franchise, because of the nature of the products, […]

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Franchising in the U.S & Canadian markets generated over $474 billion last year. Tt’s not surprising that entrepreneurs & business minded people in cannabis industry are attracted to the fast growth marijuana franchising can provide.  
Launching a cannabis franchise is not as easy as starting a McDonald’s franchise, because of the nature of the products, which is highly regulated under federal, State & Provincial laws.
These laws create barriers for cannabis, CBD & hemp producers, sellers & other businesses.
The federal government involvement in interstate commerce, which they can regulate under the commerce law.
According to federal statute 26 U.S. Code 280E, businesses that deal in schedule I and II substances cannot receive tax deductions or credits for any money they pay or incur during their operations—like shipping, rent, mortgage or employee expenses. That means that entrepreneurs can’t recoup operational costs.
For a franchisor, revenue generated by taking a percentage of its franchisees’ sale sales—the royalty fee—cannot have any deductions applied to it.

Cannabis is a relative mystery to many people and can elicit mixed reactions and that’s is either because of negative association or bad experiences or lack of exposure. Reaching potential customers is an ongoing process, and not necessarily a rapid one, which means limited customer appeal in the short term and that alone is creating bug challenges for marijuana franchise companies.
Investors appeal is another issue at the current moment and limited interest in investing in cannabis franchise is something that will resolve itself over time.

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Cannabis Real Estate Loans – The how to and Where tos. https://cbxrealestate.com/cannabis-real-estate-loans-the-how-to-and-where-tos/ Sun, 27 Jan 2019 02:41:23 +0000 https://cbxrealestate.com/?p=6035 Helping cannabis business owners looking to fund their ventures when traditional banks & other lenders reject their applications. If you need funding to purchase real estate, venture capital for a new business, need extra funds to cover cost of operations or to expand your marijuana business- we can help. We believe in empowering entrepreneurs with […]

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Helping cannabis business owners looking to fund their ventures when traditional banks & other lenders reject their applications.
If you need funding to purchase real estate, venture capital for a new business, need extra funds to cover cost of operations or to expand your marijuana business- we can help. We believe in empowering entrepreneurs with brilliant & unique ideas.

The cannabis industry is like unique. With practicing some creative financing & out of the box solutions we ensure that you get the funding you need.

There are no limits on what we can do for you. Regardless of how much you need, we can help you by funding it. From $20k, or $50 million.

Acquisition of real estate is one of the many challenges in the marijuana/cannabis industry.
The problem for many entrepreneurs in the marijuana industry is that there’s a lack of financing options. Federally chartered banks, and credit unions, cannot offering financing for buildings since marijuana is not legal at the federal level. We offer financing for all types of cannabis real estate loans. Providing cannabis business owners with quick, easy, access to private capital for their goals.
Providing investors with financing for marijuana warehouses, kitchens, retail store fronts, and all other expansionary goals. Our cannabis lending company provides money you need to purchase, or refinance, and existing property. We also provide funding for a purchase, or refinance for owners with existing MMJ tenants.

As an alternative to purchasing your own mmj real estate, we can help you by becoming your investor – and landlord. We have a large fund, set aside for MMJ use building purchases. We can help with all forms of real estate improvements and upgrades.

Below are general guidelines for cannabis real estate loans

  • The property is suitable to qualify for a cannabis commercial loan
  • The property is in a legalized state
  • The property loan to value ratio is up to 80%

What type of Cannabis businesses can be funded?

Funding both growers and sellers. Understanding that it’s important to have warehouses in order to store plants, grow plants, and to sell products. Below are some of the types of cannabis businesses we’ve funded in the past:

-Cannabis producers

-Cannabis Processors

-Cannabis Retailers

-Distributors

and others in the Cannabis industry that need to buy real estate to expand their business.

 

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Cannabis & Rental Properties, What Landlords & Property Owners Should Know https://cbxrealestate.com/cannabis-rental-properties-what-landlords-property-owners-should-know/ Sat, 01 Dec 2018 17:53:17 +0000 https://cbxrealestate.com/?p=5347 The movement to legalize medical and recreational marijuana is gaining momentum across United States, Canada and worldwide (notwithstanding recent moves by the U.S. DOJ to rescind non-interference). Currently nine states and Washington, D.C., have approved recreational use of marijuana, 21 states plus Washington, D.C., and the U.S. Virgin Islands have decriminalized use, and 29 states […]

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The movement to legalize medical and recreational marijuana is gaining momentum across United States, Canada and worldwide (notwithstanding recent moves by the U.S. DOJ to rescind non-interference). Currently nine states and Washington, D.C., have approved recreational use of marijuana, 21 states plus Washington, D.C., and the U.S. Virgin Islands have decriminalized use, and 29 states and Washington, D.C., allow medical marijuana use.

Yet whether you call it pot, weed, 420, mmj, cannabis or marijuana, it’s still illegal at the federal level in US. So, what does this mean for real estate industry specifically residential property owners and landlords?

Knowing State Laws

Cannabis laws for each state differ, so you need to research the specifics of your state’s real estate laws. So far, the following states have approved the sale and use of marijuana for recreational purposes:

  • Alaska
  • California
  • Colorado
  • Maine
  • Massachusetts
  • Nevada
  • Oregon
  • Vermont
  • Washington
  • Washington, D.C.

And the following states have decriminalized its use:

  • Alaska
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Illinois
  • Maine
  • Maryland
  • Massachusetts
  • Minnesota
  • Mississippi
  • Missouri
  • Nebraska
  • Nevada
  • New Hampshire
  • New York
  • North Carolina
  • Ohio
  • Oregon
  • Rhode Island
  • U.S. Virgin Islands
  • Vermont
  • Washington, D.C.

In addition, the following states have legalized medical marijuana for patients who qualify:

  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Hawaii
  • Illinois
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Montana
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Dakota
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • Vermont
  • Washington
  • Washington, D.C.
  • West Virginia

Generally speaking regarding recreational use, if you’re over 21, it’s okay to keep an amount sufficient for personal use and use it at your own residence. “Use” is often defined as smoking or vaping, but it also includes consuming edibles and tinctures or using topical products.

Decide where you stand

Just as you can prohibit cigar or cigarette smoking in your rental, you can also prohibit pot smoking, or even its use, on your property. In fact, because marijuana is not legal federally, you might be able to rely on clauses prohibiting behavior unlawful under state and federal law or an anti-drug policy in your lease.

When deciding whether to allow pot use on your property, consider its medical use and the impact of your decision should you have tenants who are using for medical reasons. Also consider the growing marketability of open marijuana use in your state. Many businesses have benefited from their alignment with the pot industry and its customers, who may be curious tourists or connoisseurs of the lifestyle.

That said, smoke or other perceived negative aspects of marijuana use could certainly impact neighbors or other tenants. If you do choose to prohibit marijuana use on some level, do so with the complete understanding of the laws in your state, as well as your desired tenants, and include the appropriate clause in your lease.

Know before you grow

Growing is where there are some very specific differences from state to state. Some states allow growing a certain number of pot plants at home, with some even specifying how many can be flowering at the same time. In others, it differs for recreational and medical use, and still others allow only qualified medical marijuana users to grow their own.

With these nuances, one thing is constant: The allowed amounts are enough for personal use only. Growing for resale and distribution requires a specific allowance from the state government.

As a landlord or property owner, you can decide if you want to allow tenants to grow pot on your rental property. Things to consider include electricity use from indoor growing lights or whether plants growing outdoors could encourage trespassers onto your property. You can prohibit growing altogether by including a clause in the lease saying so.

Put it in the lease

Should cannabis-related issues arise after the lease has been signed — and if there was no clause prohibiting it — you’ll need to rely on an anti-drug or crime policy that hopefully was included in the lease? A breach of the lease could be cause for eviction if the tenant doesn’t comply after getting a written notice. If you did not include such a clause, it will be difficult to enforce your wishes during the term of the lease.

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