May 16, 2019
By Dennis Kaiser
As CBD and cannabis-related stores become legalized, shopping centers are faced with a multitude of decisions. Recently, Metro Commercial surveyed more than 13,000 industry professionals to get their opinions on whether or not CBD stores should be a “permitted use” in shopping centers. Jim Savard, EVP of Leasing Management at Metro (pictured), offers insights on the results of its recent CBD survey in our latest 3 CRE QA.
Q: Are retailers generally more willing of stores selling cannabis? Can you provide some data to back this point up?
A: Yes, the study shows that retailers are generally open to stores selling cannabis and CBD products, with approximately 70% responding that they do believe retailers selling cannabis products – cannabis stores, medical marijuana dispensaries, cannabis cafés – should be allowed in shopping centers located in states where the sale of marijuana products are