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Cannabis Industry Prefers Property Leasing Over Purchasing, Survey Says

Falling Prices, Rising Competition Causes Rethink of Real Estate
An oversupply of marijuana and increased competition in legalized sales is cutting prices. (iStock)
An oversupply of marijuana and increased competition in legalized sales is cutting prices. (iStock)
CoStar News
April 24, 2023 | 8:57 P.M.

The legalized cannabis industry appears to be moving more rapidly toward leasing property as opposed to buying it as new states open up for sales, creating more competition.

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