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Real Estate Compliance
Health Canada’s 'build first' policy is a blow to the craft cannabis industry. B.C.’s small cannabis farmers have to spend up to $2 million each to meet federal regulations before they can even think of applying for a government licence. This helps to open up the market for Craft Growers and help them to enter the legal cannabis trade. By renting form Grass Roots, the Craft Growers will be fully compliant with Health Canada regulations and be able to obtain a legal license.
Grass Roots plans to develop real estate that has been purposebuilt to government compliant requirements, and lease it to Craft Growers. Licensing just 15 percent of craft cultivator operations could legitimize nearly $3 billion in cannabis sales in only two years 15 .
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Multi Unit Purpose - Built Real Estate Development in the Cannabis Sector