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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