Finding Cannabis-Friendly Real Estate Can Be Challenging
Even before you start the application process for your cannabis business license, you should begin looking at real estate. New “green zones” in which marijuana businesses can operate are continuing to emerge as local governments update ordinances in response to the Michigan Medical Marihuana Facilities Licensing Act (MMFLA) and Michigan Regulation and the Taxation of Marihuana Act (MRTMA). However, all municipalities cap the number of licenses available, creating an intense competition for a very limited resource.
Your Partner In Locating Marijuana-Friendly Property
There is a process to locating property suitable for a marijuana business. We begin by consulting with the Michigan Marijuana Regulatory Agency (MRA) to identify available locations based on business types. For each potential site, we review all existing and proposed ordinances to make sure it is a viable location. Then the search for a specific property begins.
Assisting Cannabis Businesses With Their Real Estate Matters
At Bahoura Law, we represent clients in a broad array of real estate matters related to cannabis businesses. We assist businesses with matters such as:
- Zoning and land use
- Property management
Our legal team has actively aided members of the cannabis industry in Michigan since the early days of legalization. We have a strong track record of helping clients locate and acquire property, and we can help your company, too.