Note: This article was originally published by the Central Penn Business Journal. Click here to read the original version.
How Medical Marijuana Will Impact Real Estate in Pennsylvania
Since the legalization of medical marijuana in April, the Pennsylvania Department of Health has placed a lot of focus on developing a program that is expected to be operational by 2018. In fact, temporary regulations were just rolled out to give growers and processors an idea of the rules they will need to follow.
All types of industries are anxiously anticipating the economic impact of legalized medical marijuana. For some businesses, it will be a major boost. For others, it will hardly move the needle. It makes sense that growing, processing and dispensing will require new space, but how much will this really impact real estate? Let’s take a look.