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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
January 2, 2024
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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
Here’s some exciting cannabis news out of Ohio that not many know about. The state is voting to allow adult-use cannabis sales, and if the vote passes, it means there will be a huge expansion of retail cannabis stores.
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 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.
Over the next 12-18 months there are many exciting new opportunities on the horizon for cannabis retailers looking to expand into new markets.
Check out the 11 next states to plant your cannabis retail flag!
Future New York cannabis retailers and CAURD applicants are on the hunt for compliant retail locations and we have 10 sites currently available.
Take a look below!
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Are you planning to apply for a vertical license in Florida? Showing control of retail real estate is critical to earning the highest score possible
A Historic Opportunity for Portfolio Buyers and Independent Retailers
In California, numerous brand-new retail cannabis markets will soon be launching. CannDev is searching for retail operators to become our future tenants at the locations we have already secured in these up-and-coming jurisdictions.
Check out the four compliant properties listed below!
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.