Cannabis Legalization Boosts Property Values, Study Says
The study flies in the face of often-raised fears about cannabis stores lowering nearby property values.
Cannabis legalization in Colorado has brought the state nearly $2 billion in cannabis sales, several hundred million dollars in tax revenue, and general scholarship funds for college-bound students.
It has also apparently increased property values in the city of Denver—at least in the areas near the city’s retail cannabis shops.
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