420 Property – National cannabis real estate marketplace includes Rhode Island

Cannabis businesses are gearing up as legislation on medical marijuana – and now recreational marijuana – are clearing the way for the industry. As with the success of any business, it’s location that may doom – or assure – success.

A new service for this specialty real estate market has developed – 420 Property. Listing retail locations such as strip malls and store fronts, to more secluded – and secure – “manufacturing” locations for growing, cultivation and the “back end” of the business.

What is 420 Property? — Their website says they are “The World’s Largest Cannabis & Hemp Real Estate Marketplace. #1 Source for Cannabis & Hemp Real Estate & Business Listings, Financing, Insurance, Professional Services, and More”. Legalized cannabis and hemp have created a new type of real estate user. Cannabis & hemp cultivation’s have absorbed warehouse and land space; medical dispensaries/ cooperatives, and recreational retail stores are now occupying prime storefronts. One of the many challenges that professionals in the cannabis industry face is the ability to obtain the facilities, financing, and services that are necessary to operate or grow their enterprise.

Launched in 2016, 420 Property says it helps to eliminate the challenges of finding real estate by serving as the most comprehensive real estate listing service dedicated to the cannabis and hemp industries.

You can search for real estate or business listings, list availabilities, locate ‘420 friendly’ real estate professionals, financing, insurance, and more on 420 Property.” They maintain a blog and the marketplace is expanding into equipment and other resources for the starting up or well established cannabis business.

This type of specialty service reduces the burdens on entrepreneurs starting, expanding, or exiting the cannabis or hemp business by remaining the leading resource for business assets, financial products, and real estate.

Why 420 Property?

420 Property attracts visitors to their site that are looking primarily to fulfill their real estate and professional needs with regard to their cannabis or hemp based business. Over 3,200 locations are on the site today. Many of the large general real estate and professional websites receive substantial traffic, but also have tens of thousands of non-cannabis listings, equating to less targeted cannabis exposure. We provide a niche market.

Rhode Island featured

So what locations are putting themselves out there to grab onto that first cannabis biz in RI? From a large warehouse on Harris Ave. in Providence to a tiny retail site, formerly a check cashing service, located in a straight line down River Avenue from the Providence College campus, and more. Today there are 6 locations, noting licenses, for sale or rent, etc.

Here’s what is listed now: