Marijuana and Real Estate... Wait - Whaaat?

The 2018 Farm Bill signed into law by President Trump December 20, 2018 removes hemp-derived cannabinoids including CBD and THC (Cannabidiol and Tetrahydrocannabinol), the active ingredient(s) that produce the psychoactive effect from Cannabis, from the Controlled Substances Act. Moreover, it expressly prohibits States from interfering with interstate sale and transport of such products.

Several of our friends have been asking me, as a Realtor®, to keep my eyes and ears open to any potential small acreage plots here in southeast Texas that could house greenhouses for farming marijuana.

Never one to approach a new challenge uneducated, I...

Well, no, friends. Of course I didn't go smoke weed. You know me better than that. Wine is my choice of intoxicants.

No, instead I began to study the subject, from a Realtor's perspective. I took courses from the National Association of Realtors®, including "Marijuana in Real Estate" and "Leasing Farm Land."

Why don't you call me to discuss this prospective business. I would be happy to represent your interest as a buyer, and promise to stay current or help you find the most current answers to your questions.