JF3653: The Truth About Cannabis Tenants: Underwriting, Securing Financing, and the Biggest Myths ft. Chris Reece

from The Best Ever CRE Show · host Joe Fairless

Chris Reece, CEO of MJ Reed, discusses the opportunities and risks of investing in cannabis real estate. He explains that by financing properties with cannabis tenants, investors can gain exposure to the industry without taking on the additional risk associated with cannabis operations. Reece also addresses the myth of the government seizing cannabis properties, explaining that the Department of Justice is defunded from pursuing legal activities in states with medical legal programs. He emphasizes the importance of understanding the unique regulations in each state and conducting thorough due diligence on borrowers and operators. Chris Reece | Real Estate Background MJ REIT Portfolio: 26 properties (industrial & retail) across five states Based in: Philadelphia, PA Say hi to him at: LinkedIn MJ Reit LinkedIn www.mj-reit.com Sponsors: Altra Running Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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This episode was published on September 4, 2024.

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