Study Links Legalized Marijuana to Strong Housing Markets

Statewide legalization of recreational marijuana for adult use followed. resistance to corporate consolidation, and a spiritual connection to a psychoactive plant.. can buy locally sourced Humboldt Fog cheese, and a home-goods store. idealism was enabled by cheap real estate and a strong economy,

The legalization of marijuana isn’t the only force driving the housing market, but it has certainly contributed to job growth in the area which has got people flocking to Denver. "The pot industry is creating jobs we didn’t have before," said a Re/max real estate agent working in the Denver area for 24 years.

Rep. Eleanor Holmes Norton (D-DC) has introduced a bill in Congress that would allow marijuana in public housing in states with legalized cannabis. current regulations forbid all forms of cannabis, including medical marijuana, in all federally assisted housing. Norton’s bill, House Resolution 6152 (H.R. 6152) would apply to residents of both public housing and those in the

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Michigan voters made recreational use of marijuana legal; Regulators must tiptoe the line between strict regulation and economics; Illegal.

Well, the study indicated that housing prices were increased in all of the states that had legal pot shops. Once recreational marijuana, for example was legalized in the state of Colorado, it was discovered that single family homes near pot shops went up in property value in comparison to homes that were far away.

Many marijuana stocks to watch are poised to gain from at least seven new states that just legalized marijuana on Nov. 8.. marijuana stocks to Watch After 7 States Legalize.. Housing Market.

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A new study suggests that cannabis legalization could be a bit of a wash. Turns out both groups may be wrong. Liberalized marijuana laws appear to have little positive or negative impact, according to a new working paper by researchers from the Consumer Financial Protection Bureau, Harvard University and Western Carolina University.

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The Impact of Legal Cannabis on Property Values. Now, unfortunately, skyrocketing housing prices in Denver, is potentially transforming the city into one that only the uber-wealthy can afford. The average home price in Denver is up to $350,500, making Denver a truly seller’s market. This is ripe for hedge funds and investors to take advantage of,