Marijuana Home Value Research

Analysis: Legal Cannabis Businesses Associated with Increased Home Values

“It’s time for local officials to put an end to the NIMBYism and unwarranted fears surrounding the establishment of licensed marijuana retailers. Cannabis is here and here to stay. Municipalities need to embrace this reality and provide the necessary oversight in order to hold these businesses accountable and to make this marketplace safe, transparent and profitable for the community.”

Marijuana Housing

Report: Adult Use Legalization Associated With Increased Home Values

The passage of statewide adult use marijuana laws is associated with an immediate uptick in housing prices, according to an assessment published by the online service Clever Real Estate. It reported, “Using Colorado and Washington as case studies, it’s clear that the market benefits from marijuana legalization outweigh the potential costs in terms of home values.”