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$2 million will buy a medical marijuana ‘farm’ in Michigan

by / No Comments / 0 View / November 7, 2017

By John Schroyer

With medical cannabis already legal in Michigan and recreational marijuana possibly on the horizon next year, one businessman in the state who’s been leasing space to MMJ caregivers is trying to sell his operation for $2 million.

The 82-acre “farm” is already parsed into eight smaller indoor growing blocs, which the owner leases out for $10,000 a year to medical cannabis caregivers, Mlive.com reported.

But the owner – David Overholt – is asking $2 million for the entire facility on the basis that the state market is about to explode, especially if an adult-use legalization ballot measure

$2 million will buy a medical marijuana ‘farm’ in Michigan is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Via: $2 million will buy a medical marijuana ‘farm’ in Michigan