Author: canndev

The Value of a Medical Cannabis Retail License in Kentucky: What Buyers and Sellers Should Know

As the Kentucky medical cannabis program nears full implementation, the value of a retail cannabis license is still uncertain. Whether looking to buy or sell a license, one thing to remember is that pricing is still evolving and can be based on a variety of different factors, from the location of the license to the overall supply and demand within the state. There is no one-size-fits-all answer to what a medical cannabis retail license is worth.

Three Weeks Until the Kentucky Cannabis Application Deadline

CannDev has secured 34 compliant retail locations for Kentucky’s upcoming cannabis lottery. Real estate is required to apply, and we are working with future medical retail operators in this market who wish to apply. Kentucky will award 48 medical dispensary licenses. That’s one license for every 93,750 residents. As a new medical market, it will […]

Kentucky: The Exciting New Cannabis Market Everyone is Sleeping On

The medical cannabis market in Kentucky is poised to make waves with its new program kicking off very soon. In October 2024, a lottery will award 48 new retail licenses for the entire state. With a population of 4,500,000, this means there will be one store for every 93,750 residents, which is more than Ohio, […]

Dispensary Sale Leaseback – Work with CannDev

Do you have a cannabis retail property that you have rights to but do not want to buy, or perhaps you want to free up capital from a property you own through a sale-leaseback? We at CannDev are always looking for more properties to add to our portfolio, and perhaps we can be of assistance. […]

New York Cannabis Retail Now Open – Compliant Retail Locations Available

Huge news out of New York this week! New York is finally open for retail applications starting October 4, 2023.

Applicants with real estate have a significant advantage as they will be fast tracked through the process and also have a flag planted for their location which will potentially buffer out competition.

The application window will remain open for 60 days, but the earlier an application is submitted, the better.

CannDev secured 10 locations (see below) in various markets around NY state. Please take a look at them and let us know if they are of interest.

In addition, we have dozens of sites coming in the 5 NY boroughs. To access these private deals you must be signed up to our NY list.

Redondo Beach: Opening Soon for Retail Applications (2 locations available)

Redondo Beach is one of the best retail cannabis markets to come online in 2023. There will be awarded 2 retail licenses to serve a population of more than 70,000 people within the city limits. This city is surrounded by opt out markets and within a 10 min drive time is a population density of over 350,000! (see image below)

Redondo Beach have finalized the zoning ordinance and have a City Council meeting on August 15 to discuss the application process.

Now is the time to secure a location before the competition does, and before the costs increase.

Interested in receiving alerts for our off market retail deals?

Where we send you new deals in emerging cannabis retail markets soon to be open for applications.

As you know, new markets around the country are opening up at a rapid pace.

This creates enormous opportunity for those who can be the first to plant a flag in a new city and secure a ‘first mover advantage.’

We’re currently securing compliant retail real estate in many markets throughout the USA.

  • Off-market deals you won’t find anywhere else
  • Start receiving a steady stream of off-market deals