Marijuana’s Impact on Home Values

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The term medical marijuana refers to using the whole, unprocessed marijuana plant or its basic extracts to treat symptoms of illness and other conditions. The U.S. Food and drug administration (fda) has not recognized or approved the marijuana plant as medicine. However, scientific study.

THE ECONOMIC IMPACTS OF MARIJUANA LEGALIZATION By: David G. Evans, Esq., Executive Director, Drug Free Projects Coalition This is the first of a series of papers exploring the economic and social costs of legalizing marijuana.

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Marijuana use has been connected to increased absences and decreased work performance. There are also more work accidents, which lead to more workers’ compensation claims. These factors can eventually lead to a marijuana user losing his or her job over drug use.

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Among them, what state and federal policies and tax incentives apply? And will the system be owned outright by the homeowner.

. increase in property values located near marijuana dispensaries, according to a new report discussing the impact of marijuana legalization. As more states push for the legalization of marijuana, there is increasing fear that the stores that sell marijuana, commonly known as dispensaries, will have a negative impact on their surrounding communities.

As more states push for the legalization of marijuana, there is increasing fear that the stores that sell marijuana, commonly known as dispensaries, will have a negative impact on their surrounding communities. Both recreational and medical marijuana are legal in Washington, Oregon, California, Nevada, Alaska, Colorado, Massachusetts, and Maine.

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According to a new housing trends report, over a third of Canadians think the proximity of a marijuana dispensary or use of marijuana inside a home could negatively impact the value of property.

The following are five ways real estate is affected by the legalization of marijuana. Increased industrial property explosions. One of the more popular marijuana products is hash oil, a more concentrated form of THC that you can ingest by putting it under your tongue or sprinkling it on food.

How Medical Marijuana Dispensaries Can Increase Home Values. A recent study published in the academic journal real estate economics concluded that homes within 0.1 miles of Denver’s 103 marijuana dispensaries saw increased home valuations by up to 8.4%. Based on average housing prices in those areas, the value was estimated to be $27,000 for a typical, single-family home.