The Value of such Properties Soars because of increased demand from entrepreneurs seeking to open cultivation sites and dispensaries.
USTC has the knowledge to provide such a service and lease back through double- and triple-net leases.
Definition of 'Triple Net Lease'
A lease agreement that designates the lessee (the tenant) as being solely responsible for all of the costs relating to the asset being leased in addition to the rent fee applied under the lease. The structure of this type of lease requires the lessee to pay for net real estate taxes on the leased asset, net building insurance and net common area maintenance. The lessee has to pay the net amount of three types of costs, which how this term got its name.
This type of lease can also be referred to as a "net-net-net lease" or a "hell or high water lease".
I concur, LT. In my opinion USTC providing it's own crops as a grower/dispensary will be key to it's success. IN fact, recently the Denver Post wrote about the inability of dispensaries to keep enough product to meet the demand and the growers are getting tapped out.
Creating a self contained business model will ensure a continuous cash flow, better control of product, and allow for whatever the IRS allows to claim as a business expense from the grow portion of the business, IMO.
Goodbye Prohibition!.. North Carolina House passed a bill allowing patients who suffer from epilepsy access to legally access and use CBD oil. (cannaboids)
It's another State that USTC can look forward to doing business in as patients in North Carolina are able to access the medicine they desperately need.
CBD oil is a Non-psychoactive CBD oil made from marijuana plants and poised to be game-changer
....Parents are reporting a dramatic reduction in seizures when their children are given oral extracts rich in cannabidiol (CBD), a nonpsychoactive cannabis component; these extracts are low in THC, the compound that causes the high marijuana is famous for.