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Innovative Industrial Properties, Kalyx and other similar groups are following the same strategy: buy buildings, retrofit them and lease them to commercial or medical marijuana growers. But it can often cost millions to turn a vacant warehouse into a facility suitable for cannabis cultivation. — NYT
David Gelles reports that the spread of legalization means the weed business is booming and with it, demand for commercial, industrial space. The latest post-industrial trend in states like California, Colorado, Massachusetts or even New York is a retrofitted industrial-scale "cultivation... View full entry
