RE: California Marijuana Legal 1-2018 & Shut Out Bank Investors: Cryptocurrency The Answer?
Raw land in California is going to be the next big gold rush as a result of cannibus! No doubt. There are plenty of investors from other states that want to invest but can’t because it remains illegal in their state. International investors will show up with serious money too.
I have friends in Oregon that are in the cannibus industry. They were shopping for a good deal on property. When cannibus was legalized in Oregon, the prices shot up so high, they could no longer afford to buy property.
Land is the absolute best way to profit from the cannibus industry without ever getting involved whatsoever.
- buy land now
- put land up for sale for ridiculous price
- wait until the government has a chance to write the new laws for cannibus regulation.
- get a big stick to fight off the crowd of growers and investors that want to buy your land.
- sell land for a massive profit
The key is to find usable land that is zoned for agriculture. Don’t buy something that can’t be farmed.
San Diego county is my pick. They are taking a conservative approach to wait for laws to be passed. It is also the area that everyone wants to live. It is a win-win no matter what.
Land boom has a direct correlation to new legislation and the rise has holding power. What are the areas that you think have the most value for the investors?
Ramona! It is a small farming community that is seeing growth. It is a very short distance to San Diego. Flat farming land available there too. It is hard to find land anywhere in Southern California. When you do it is on the side of a cliff and unusable. Ramona is one of the last good places to find land. It is a little known secret.
What about Imperial County?
Great farm land there, but may be too hot to grow in the summer.
There’s so many people growing on large scale the growers market will collapse. I’m in Monterey County and there’s so many greenhouses being converted to cannabis and it’s estimated that in Monterey County alone is growing 5 times the cannabis that the whole state consumes! Going to be very interesting to see how this plays out.