Contributor: John A. Collins
So, you want to get into the marijuana industry, eh? Well, there’s a lot you’re going to need to know before getting too deep into things. And, one of the first sections of knowledge that you’ll need to familiarize yourself with is the cannabis real estate market in your area.
For any young ganja-prenuers out there, you’re going to want to learn as much as you can about potential 420-friendly commercial rentals in Michigan. The more you know in this regard, the more options you will be able to choose from, when it comes time to finalizing a location for this upcoming business of yours.
And, even though it seems like there’s a multitude of establishments to partake in, the cannabis real estate market isn’t as accessible as you may think it is. But, that said, it’s not some super exclusive realm of information, that’s guarded off from the public. Quite the contrary, you just need to know where (and when) to look.
Sure, you could spend every waking moment you have, cruising through various towns, cities, and municipalities, hopelessly in search of “For Rent” signs to be displayed on various windows along your journey. But, as classic of a route as that is, I doubt that you’ll find many options, solely by using your own gumption. That’s why enlisting the help of rental space professionals is so popular these days, especially in Michigan.
Think of it this way. If you were looking for an apartment to rent, you wouldn’t waste your days, driving around towns aimlessly, all the while praying that you’ll encounter the “perfect” location to rent. The chances of that resulting in a positive outcome are slim to none, and to be frank, it would be a colossal waste of time. That’s why the majority of people take their real estate searches online, to proven, heavily-vetted real estate search engines to see what is available in their desired area.
Also, in addition to these sites and services providing an updated array of real estate options to choose from, they offer up a litany of useful information that many new and first-time cannabis business owners need to be aware of, before they even think about signing any sort of lease. It’s not damaging, pessimistic language, mind you, it’s simply factual bits of information that owners and proprietors should keep in mind, as they finalize their business model.
Now, when it comes to selecting a specific cannabis real estate search engine, there’s a couple of things you’ll want to consider. The first of which being, its overall real estate market. Some sites of this nature offer up a nationwide catalog of potential locations to start a cannabis business. This could beneficial to those who are still in the planning stages, and are currently unclear as to where they want to specifically set up shop.
However, if you have no plans of moving out of state, you should probably relegate all of these critical real estate searches to an area-specific search engine. They not only offer up more detailed, more realistic real estate options, but they are constantly being updated, which gives you, the business owner, a lot more leeway when it comes to establishment options.
For the sake of conversation, let’s say I had all my proverbial “ducks in a row” with my cannabis business, and now I’m in the stage where I need to finally pick out a piece of real estate to set up shop. Instead of going to one of those larger, nationwide sites, I would delegate all of my searches through a Michigan specific site that handles the same sort of listings, only with a more specific search region.
Like, MichiganCannabisProperties.com, for example.
Now, this is a good time to remind you that just because a site like this exists, it doesn’t mean it’s the “best” or even legitimate. That’s why you’ll have to do a bit of due diligence, and research these search engines on your own, to see if they are, in fact, “worth their salt,” as they say.
Luckily for us, and for the sake of this conversation, MichiganCannabisProperties.com is a vetted, trusted source for cannabis real estate searches. And you can tell they are authentic by how they present themselves on their site, in self-written blurbs that summarize their approach towards the cannabis industry, specifically when it comes to real estate options.
Beneath their search criteria and categories presented on their homepage, you’ll find a section on MichiganCannabisProperties.com’s website that thoroughly explains their professional approach towards providing the best search service for their customers.
Specifically, they said, “At Michigan Cannabis Properties we have the knowledge and experience to assist our clients with all their marijuana industry real estate needs. Our team are experts when it comes to the sale and acquisition of properties that are capable of development into cannabis businesses.”
Adding, “Our experienced team of cannabis real estate professionals at Michigan Cannabis Properties have years of experience in the real estate and business law aspects of the cannabis industry. This knowledge about the thriving marijuana industry helps us know which properties are most suitable for your competitive cannabis business, whether it be for a provisioning center, processing and growing facility, or even a safety compliance and transport business.”
Now, if that sentiment doesn’t scream “QUALITY!” to you, I’m not sure what will.
This site isn’t the only of its kind, but it’s definitely the most popular. In addition to them being full-blown experts in the field, with constant updates on new properties that become available, they win over clients by offering up a laundry list of different ways for them to find their desired location.
They detailed such a business model full of choices to their potential customers with another self-written blurb. In which, they write, “At Michigan Cannabis Properties we have access to some of the best cannabis real estate properties in Michigan. If you are looking to develop a cannabis business, feel free to browse our property list. If you own a property that you would like to rent or sell, contact us immediately to have your cannabis real estate added to our real estate directory.”
That sort of all-encompassing business model, with a specific aim towards Michigan – only, makes this website one of the most used in the industry, especially in Michigan. And I’d strongly suggest starting your real estate search at this kind of trusted, professional website. It’ll help you get more streamlined, updated search results, that you simply won’t find at other websites.
If you adhere to the aforementioned tips and tricks, I’m sure you will be able to find an adequate location that fits all of your personal cannabis business needs. And, if you don’t, simply reach out to professionals, like the ones at MichiganCannabisProperties.com, and I’m confident that they will be able to help you find the perfect piece of marijuana real estate to make your cannabis dreams come true!
Happy hunting, my fellow enthusiasts!