Marijuana’s Impact on Home Values

Marijuana’s Impact on Home Values

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impact of marijuana legalization and future papers will explore this new data.. than $8.7 billion in government revenue, (6) the value of gains cannot be gauged.. broken homes, promoting upward social mobility, and reducing the collateral.

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Marijuana for medical purposes has been legal since 2010, and the economic impact of a much-expanded legal marijuana industry in New.

Some allow medical marijuana dispensaries and home cultivation.. have been no large-scale clinical trials proving pot's medicinal value.

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Voters who are worried about the proximity of dispensaries to schools and the potential impact on their property values if a marijuana business.

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The Marijuana Impact Model. Total sales value will peak near $1.52 billion dollars, and state demand will be 215.7 metric tons of flower equivalents by 2020. Market values are diminished somewhat by declining prices. Marijuana Policy Group.

The following are five ways real estate is affected by the legalization of marijuana. Increased industrial property explosions. One of the more popular marijuana products is hash oil, a more concentrated form of THC that you can ingest by putting it under your tongue or sprinkling it on food.

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It’s not simply legalizing marijuana that leads to higher home values, but the cannabis businesses that are created from legalization. Our theory is that more businesses are created, resulting in more job seekers flocking to these areas, which leads to an increase in demand for housing. If there’s a shortage in supply, the home prices jump.

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The Effect of Marijuana Legalization on Neighborhood Crime. reallocation of police resources but also a decrease in home values,

Home Business The Impact of Legal Cannabis on property values. business; The Impact of Legal Cannabis on Property Values. By. Jason Sander – Apr 18, 2016.. The average home price in Denver is.

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