Colorado was the first state to legalize marijuana for recreational use. No matter where you stand on this issue you can’t deny the economic impact that this legislation will have on the state of Colorado. In fact, economists predict that over $1 billion will flow into the local economy. That’s a lot of weed! How can a land investor take advantage of this opportunity?
First of all, it’s important to recognize when an opportunity exists, and the different options an investor has at their disposal. In our case, we can invest in inexpensive raw land knowing that marijuana growers may need this property to expand their operations or as a long-term investment in an area we know for certain is growing more affluent!
It’s pure speculation to invest in the actual companies that grow and distribute marijuana. With government involvement and high taxes the jury is still out whether or not being in this business is a smart entrepreneurial move. Nevertheless, we know with certainty that the economy has a new and high demand product.
As a result, to own hard assets in this state makes sense especially at these low land prices. The economic indicators are too hard to ignore, and and that is why I’m buying as much Colorado land as I can get my hands on!
Click HERE for a special opportunity to invest in 5 acres in Southern Colorado