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420 with CNW — Study Finds That Cannabis Legalization Boosts Home Property Values

Research conducted by Clever Real Estate has found that the presence of marijuana dispensaries and the legalization of marijuana helps grow home property values. The real estate service company used data from the U.S. Census and Zillow, as well as other sources for the study, which discovered that between 2017 and 2019, the value of homes increased by more than $6,000 in states where cannabis is legal in some form. This is in comparison to home values in states that haven’t legalized cannabis.

The increase in value may be driven by the tax revenues generated from the regulation and legalization of marijuana. The company found that this revenue was commonly invested into things such as infrastructure and public services, which significantly increased…


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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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