“Because we’re a marijuana company.”
That’s why Brian pays a fortune in rent.
Brian is a marijuana entrepreneur. He owns an edible production facility in Seattle.
Recently, I toured this facility with Brian and his business partner. I saw workers mix chocolate, paint molds, and cut up marijuana-infused treats for packaging.
See for yourself.
Here’s another photograph I took.
The facility itself is tiny. It’s about only 900 square feet.
And yet, Brian pays $7.75 per square foot for it. That’s nearly eight times more than what non-marijuana-producing tenants pay to rent comparable spaces in Seattle.
And it’s all simply because he runs a marijuana business.
Now, you might not think that this is a big deal. But it’s one of the most valuable insights I’ve gathered during my “world tour.”
I recently sold most of my belongings. I packed up my car. And I hit the road…
I left sunny South Florida to travel the world.
So far, I’ve been to Mexico City, Vancouver, Seattle, and San Francisco.
I’m doing this for a simple reason.
I want to discover money-making opportunities that I would never find sitting at a cubicle.
That’s why I met Brian.
You see, the marijuana industry is on fire right now…
It grew 30% last year alone. That makes it one of the fastest-growing industries on the planet.
And it’s only getting started.
Arcview, a leading marijuana research firm, projects that legal marijuana in the U.S. will be a $22.6 billion market within three years. That’s three times bigger than it is today.
This is why Brian launched his edibles company last year…
He wants to cash in on this explosive growth.
But don’t worry. You don’t have to work in the industry to profit from this. Everyday investors can get rich off marijuana, too.
I’ll show you how to do that at the end of today’s essay. But you should first understand something important.
The marijuana industry is a tough business…
Remember, Brian pays a sky-high rental rate simply because he’s running a marijuana company.
He also can’t deduct his payroll expense. And he must run a cash business.
Most businesses don’t have these problems. But the marijuana business isn’t like most industries.
This is because marijuana is a Schedule I drug. The feds consider it more dangerous than cocaine or meth.
It's complete madness.
Thankfully, marijuana prohibition is coming to an end…
In November, five U.S. states voted to legalize marijuana outright. Twenty-nine states and Washington D.C. now allow you to use marijuana either recreationally or for medical purposes.
It’s now only a matter of time before marijuana becomes legal nationwide. But you shouldn’t wait until marijuana is legal at the federal level to invest in it.
That’s because one kind of marijuana company should thrive even if the feds keep treating marijuana like a street drug.
I’m talking about marijuana real estate companies…
These companies lease real estate to marijuana growers, extractors, and edibles companies.
They don’t “touch the plant.” Because of this, marijuana landlords don’t have many of the same problems that plague other marijuana companies.
They can also charge tenants like Brian sky-high rates because many other property owners want nothing to do with marijuana.
That makes marijuana real estate companies one of the best ways to profit off the coming marijuana boom. I’m not the only one who thinks so, either.
Mir Haque says real estate is “the safest bet” in the booming marijuana market…
Mir is an entrepreneur, venture capitalist, and business consultant.
He’s worked for McKinsey & Company, Deutsche Bank, Google, and Adobe. He also recently served as a VP of corporate strategy for realtor.com, one of the largest U.S. real estate companies.
That’s quite the résumé. Mir could work in just about any industry of his choice. And yet, he’s set his sights on marijuana.
I met Mir for coffee in San Francisco…
He told me there’s an “all-out land grab” happening in America. Savvy investors are scooping up marijuana property left and right.
And that’s because there’s BIG money to be made.
According to Mir’s research, some marijuana properties are seeing cash returns as high as 25%. That’s three times as much money as comparable non-marijuana properties make.
Not only that, some private equity funds that raised capital for marijuana real estate projects are also earning north of 40%.
We haven’t seen those kinds of returns in real estate since the Florida Land Rush of the 1920s. But don’t worry.
You too can cash in on the marijuana real estate boom…
To learn how, check out this video my colleagues just released on a publicly traded marijuana real estate company and other opportunities in the booming marijuana industry.
Editor, Casey Daily Dispatch
P.S. With peak gains of 7,820%, 6,233%, and 3,986%, it’s clear there’s a marijuana boom happening right now. And my colleagues have Casey Research have uncovered a unique opportunity in the pot market. They just released a new exclusive video on a publicly traded marijuana real estate company and other opportunities in the booming marijuana industry that you can take advantage of right now. Click here to watch it now.