Commercial real estate property owners could get high on information Thursday, from a legal expert's take on how medical marijuana is affecting that sector.
Seena Samimi of Best Best & Krieger said the both the laws and data around medical marijuana are constantly changing, but there are some core strategies to follow.
Chief among them, he said, is for property owners to know the local zoning, and know who's renting from them.
"It's been a very volatile industry, legally speaking," Samimi said at the Commercial Real Estate Women monthly luncheon at the Sutter Club. Since marijuana widely emerged for medical and recreational use over a century ago, he said, the meter has wavered widely between strict prohibition and grudging acceptance by governments.
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To read the full article, published March 12, 2015 in the Sacramento Business Journal, click here.