Saturday, November 29, 2025

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Legalized Cannabis: The Impact on Real Estate

Real estate executives from around the world listened to experts in matters concerning legalized cannabis during The Counselors of Real Estate professional association’s recent midyear conference in Denver. Colorado is one of four states where both recreational and medical cannabis are legal, although several states are considering following suit. Counselors attended the session to learn how Denver real estate has been affected by the production, sale and consumption of the plant. An investor, an attorney and a broker explained the impact on real estate from a variety of professional perspectives

Business Real Estate Press Releases

Coastal Millwork, Risley Padula Construction become first tenants at Blue Clay...

On Wednesday, November 19, New Hanover County’s Blue Clay Business Park officially welcomed its first occupants to the complex. Coastal Millwork Supply Co. and its sister company, Risley Padula Construction Inc., held an open house at the companies’ newly finished 68,000-square-foot facility.

Recent Gov & Nonprofit Real Estate Press Releases

Rep. Cavitt introduces flexibility plan for local parks and recreation boards

State Rep. Cam Cavitt today announced a new legislative plan to add additional layers of flexibility for governance rules that apply to local parks and recreation boards. The legislation would allow counties with populations under 100,000 to reduce the size of their parks and recreation boards from 10 members to 7, saving potentially thousands of dollars in overhead costs each year.