Category Archives: real estate

Michigan’s new legal marijuana laws could boost home values, study finds

Photo by David Downs Certain Midwest property owners could benefit from Michigan’s new recreational marijuana laws, according to experts. A new study published by the CATO Institute foresees an improvement in Michigan’s real estate values following the state’s decision to legalize marijuana for adult use and possession, reports Forbes. “Potential explanations include, but are not […]

Marijuana ETF alters back-office players after changes, questions over bank’s role

An exchange-traded fund that invests in marijuana companies is changing its custodian, administrator and transfer agent after major changes at the ETF and questions about a bank’s role in the investment vehicle. The $560 million ETFMG Alternative Harvest ETF – which trades under the symbol MJ – previously had U.S. Bancorp perform those duties. The bank […]