Legal weed can raise the roof on home prices - Cannabis News

Experts suggest that property values get a contact high from retail marijuana because home buyers, entrepreneurs and job seekers who flood a newly legal marketplace create “unprecedented business and employment opportunities.”

The societal ramifications of state-legalized marijuana — a $10.4-billion industry — are being hashed out, study by study.

And home values are one of the effects under scrutiny.

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R. Daniel Foster ~ LATimes.com ~