Currently set to Index
Currently set to Follow
United States Real Estate Investor - Real estate investing media - Achieving financial freedom through media, networking, and knowledge

Advertisement

search

Commercial Real Estate Investors Bullish On Cannabis

United States Real Estate Investor - Real estate investing media - Commercial Real Estate Investors Bullish On Cannabis
With the United States cannabis industry growing at an alarming rate and showing high returns, cannabis real estate investing is not a bandwagon idea anymore.
Advertisement
Ignite your financial freedom with the hottest REI strategy
Advertisement
United States Real Estate Investor - Mike Kitko makes millionaires happy millionaires. Live soul out!
United States Real Estate Investor - Real estate investing media - Commercial Real Estate Investors Bullish On Cannabis
Play Video about United States Real Estate Investor - Real estate investing media - Commercial Real Estate Investors Bullish On Cannabis

United States Real Estate Investor News is sponsored by

Longhorn Investments. Real estate investing. Hard money simplified. Contact Lawrence Hopkins at 314-749-7616

Longhorn Investments. Real estate investing. Hard money simplified. Contact Lawrence Hopkins at 314-749-7616

longhorn investments

Need funding for your real estate investment deal? Longhorn Investments is professional, reliable, and fast!

Currently serving Texas, Tennessee, North Carolina, Missouri, Alabama, and Indiana, Longhorn Investments, LLC is a direct private lender offering short-term acquisition and renovation capital to real estate investors for both residential and commercial assets.

With Longhorn Investments, you can receive up to 75% of ARV, finance up to 100% of cost, close in 3 – 5 business days, no income requirements, a streamlined, simple approval process, and no prepayment penalty.

Formed in 2008, Longhorn Investments has funded over 4000 loans since its inception and includes complimentary businesses including a title company and real estate law practice.

Longhorn’s wealth of experience puts them in the unique position of being able to help investors throughout all aspects of each transaction.

To get started today and see why Longhorn Investments is the superior lending experience, call and speak to Lawrence Hopkins at 314-749-7616.

That’s 314-749-7616 or visit Longhorn Investments at LonghornInvestments.com.

Longhorn Investments
Hard Money Lending Simplified

Advertisement
Landlord Coach Mark Dolfini, Indianapolis, Indiana - Transform into a time-wealthy investor!
Advertisement
United States Real Estate Investor - Real estate investing media - David Randolph Real Estate Investment Coaching

COMMERCIAL REAL ESTATE INVESTORS BULLISH ON CANNABIS

With the United States cannabis industry growing at an alarming rate and showing high returns, cannabis real estate investing is not a bandwagon idea anymore.

Quoting Patricia Kirk of Wealth Management:

The past few years have brought cannabis legalization to multiple states, giving real estate investors a new alternative asset class to put their money into. It looks like this trend is only going to intensify in the months ahead.

As we get further into 2022, all U.S. states without current medical cannabis legalization are now considering legislation or ballot initiatives to legalize it. In addition, some states where medical cannabis is already legal may take the next step this year to allow adult recreational use.

“As we come out of the pandemic, states are looking at the cannabis industry long and hard as a great way to raise tax revenue,” says Eric Altstadter, a partner at the New York-based accounting firm EisnerAmper.

Twenty-one additional states may legalize cannabis use in some form this year, according to Michael Schwamm, a partner in the New York office of the law firm Duane Morris. For example, in Oklahoma, which has the largest medical marijuana industry in the nation, State Representative Scott Fetgatter has introduced legislation to legalize recreational sales. Two potential 2022 referendums have already been filed that, if passed, would establish a taxed, regulated adult-use market, says Schwamm.

Hawaii and Rhode Island also have legislation underway to legalize cannabis for adult recreational use and several states, including Arkansas, Ohio, Nebraska, Idaho, Missouri and North and South Dakota, have ballot measures pending to approve recreational use, according to Matthew Karnes, founder of Greenwave Advisors, a New York-based cannabis research and advisory firm. There is also pending legislation in Delaware and Maryland that would legalize cannabis for recreational use.

With this “green wave” growing nationwide, Altstadter says real investors are becoming more comfortable with cannabis-related properties, despite the federal government’s failure to downgrade marijuana from Schedule I drug status.

The biggest risk for cannabis real estate investors is primarily the survival chances of the underlying business in a sector that has always been very cash-constrained and subject to a very high tax rate due to section 280E of the Internal Revenue tax code, continues Schwamm. Section 280E bars any business, or portion of a business, engaged in trafficking a Schedule I or II controlled substance, such as cannabis, from using certain deductions or credits for federal tax purposes.

 

For this full, very in-depth story, complete with detailed statistics, see links in the news notes.

Advertisement
Mint Mobile Premium Wireless
Advertisement
SQUATTERS RIGHTS (HOW TO PROTECT YOUR REAL ESTATE INVESTMENT)

quick content suggestions

How to Invest in Real Estate — Without Owning a Single Property
https://www.fool.com/real-estate/2022/01/29/how-to-invest-in-real-estate-without-owning-a-sing/

news notes

Advertisement
United States Real Estate Investor - Real estate investing media - Minnesota Real Estate Investing Association MnREIA
Advertisement
Ignite your financial freedom with the hottest REI strategy

Don't miss out on the value

United States Real Estate Investor - Real estate investing media - United States Real Estate Investor Logo

learn how to attract more clients & close more deals

Share This Article

Facebook
Twitter
LinkedIn
Pinterest
Reddit
Telegram
Pocket
WhatsApp
Email
Print
Facebook
Twitter
LinkedIn
Pinterest
Reddit
Telegram
Pocket
WhatsApp
Email
Print

Advertisement
Wholesaling Partners Advertisement

Articles You Might Like

Advertisement
Drop Your Affiliate Program Sign Up Link

Advertisement
Willo Properties, The Home Purchaser

Advertisement
Advertisement Tim Grimmett's Amazing Life Real Estate Investing Course

Advertisement
United States Real Estate Investor - Real estate investing media - CCG Group, Tanen Andrews

More Stories

Real Estate Investing Success Minneapolis with Author, CEO, Active Real Estate Investor Matt Jones

Real Estate Investing Success Minneapolis with Matt Jones, CEO of Hawkwing Capital

Hosted by Antonio Holman with author, CEO, active real estate investor Matt Jones. Real Estate Investing Success Minneapolis is the show that takes you on a conversational journey through the ins and outs and the ups and downs of the twin cities area real estate investing industry to help you reach your goals of financial freedom through real estate investing. Real Estate Investing Success Minneapolis is sponsored by Minnesota Real Estate Investors Association https://MnREIA.com

United States Real Estate Investor - Real estate investing media - United States Real Estate Investor Logo

Don't miss out on the value

notice!

Web & Social yearly Package

Please, have ad set files ready before purchase.

Please, be aware that after your purchase on the Stripe payment portal, keep your browser open; You will be automatically redirected to the ad set submission page.

notice!

Web & Social Monthly Package

Please, have ad set files ready before purchase.

Please, be aware that after your purchase on the Stripe payment portal, keep your browser open; You will be automatically redirected to the ad set submission page.

Subscribe to our newsletter

Don't miss new updates in your email