Wednesday, October 17, 2018

Now Legal, Cannabis Drives Up Canadian Retail Rents

Ed Sonshine of RioCan said marijuana users may fit into the profile of tenants at The Well, the massive mixed-use development RioCan and Allied REIT are developing in downtown Toronto. Even before online cannabis sales began across Canada on Wednesday, real estate firm RE/MAX said demand from the marijuana industry had already started turning places like Edmonton, Alberta, and Kelowna, British Columbia, into commercial real estate "hot spots" expected...



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