Does Legal Cannabis Increase Your Home’s Value? This Data Says So
Cannabis Law Report
JULY 29, 2021
According to research by real estate data company, Clever , property values rose by $17,113 more in states where recreational cannabis is legal, compared to states where it’s illegal or just legal at the medicinal level. In 2021, average home values increase by $470 for every $1 million increase in overall tax revenue from cannabis. .
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