The Pharm LLC
Marijuana Laws Slowly Impact Industrial CRE
As more and more states legalize the medical and/or recreational use of marijuana, demand for cultivation/grow facilities is on the rise, spurring the repurposing of distribution and warehouse properties to accommodate the budding business.
Innovative Industrial to Purchase 350 KSF Medical-Use Cannabis Facility
The firm will also enter into a long-term, triple-net lease agreement with The Pharm, which is planning certain tenant improvements.