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The SoCal Cannabis CRE Evolution

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The SoCal Cannabis CRE Evolution

Cultivation & Coworking, Retail Trends, Knowing Legislation, And Maximizing ROI

THIS EVENT ENDED ON January 23rd, 2020

Presented by

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What You'll Learn

  1. California netted $345.2M in tax revenue from legal cannabis during 2018. What numbers will we see at the end of 2019?
  2. Where are institutional investors looking as California continues to cultivate innovation centers, coworking cannabis spaces, and trends retail offerings?
  3. With the opening of Original Cannabis Cafe – the first-ever “Cannabis Cafe” – in West Hollywood, CA, what can investors, owners, and consumers expect from the ever-evolving retail sector?
  4. As time and new policies normalize the Cannabis sector, how is the relationship between tenants and landlords? As relations likely improve, what is changing with regard to leasing policies and activity?
  5. With the majority of California municipalities still prohibiting marijuana businesses, what steps must be taken to ensure the economic opportunities presented by legalization are fully capitalized on?

Speakers

Interested In Sponsoring This Event?

email stephanie.smith@bisnow.com for more info!

  • Stephanie Smith
    Stephanie Smith
    Business Manager
    Bisnow

Legislation Driving Development & Shaping Investment

The impact of local, city, and state legislation on investment, cultivation campuses, and co-working spaces

Cannabis on the Corner

The state of retail across the Southland – impact investing, cannabis cafes, and the next brick and mortar trend

  • More Speakers to be Announced

PHOTOS

Agenda

Time Activity
8:00 AM - 9:00 AM
Breakfast, Coffee, & Networking
9:00 AM - 9:45 AM
Legislation Driving Development & Shaping Investment
The impact of local, city, and state legislation on investment, cultivation campuses, and co-working spaces
9:45 AM - 10:30 AM
Cannabis on the Corner
The state of retail across the Southland – impact investing, cannabis cafes, and the next brick and mortar trend
10:30 AM - 11:00 AM
Post-Event Networking
Breakfast, Coffee, & Networking
8:00 AM - 9:00 AM
Legislation Driving Development & Shaping Investment
9:00 AM - 9:45 AM
The impact of local, city, and state legislation on investment, cultivation campuses, and co-working spaces
Cannabis on the Corner
9:45 AM - 10:30 AM
The state of retail across the Southland – impact investing, cannabis cafes, and the next brick and mortar trend
Post-Event Networking
10:30 AM - 11:00 AM

Venue/Parking

The L.A. Grand Hotel Downtown
333 South Figueroa Street
Los Angeles, CA 90071

Ballroom: Pacific Ballroom, 2nd Floor

Parking information: $15.00 valet, daily per car, and $4.00 per 15 minutes otherwise
Self Parking: World Trade Center - 350 S. Figueroa St.
Early bird enter before 9:00am for $12
After 9:00am $3.50 every 12 minutes and $26 maximum value

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Why This Matters

With (legal) cannabis in California emerging as the new normal, the state is reaping rewards. In 2018, the first year of regulated sales, California took in $345.2M in tax revenue from legal cannabis sales, exhibiting quarter-over-quarter growth. Forecasting out, Governor Newsom’s budget anticipates $513M in revenues for the 2019-2020 fiscal year. 

As cannabis coworking developments sprout up across the state, Los Angeles is seeing the retail experience continue to evolve as bleeding-edge brands such as Dosist expand their square footage and the first-ever Cannabis Cafe, Original Cannabis Cafe, opened in West Hollywood, CA

With these verticals further cementing themselves in the minds of consumers and residents, institutional investors, owners, and landlords alike are seeing positive movement and momentum in the opportunities afforded to them. 

Join Bisnow as we explore the continued Cannabis CRE evolution from innovation centers and industrial projects to retail trends and policy updates. With questions, recommendations, or press inquiries please email Bisnow’s Southern California Event Producer Matt Seukunian (matt.seukunian@bisnow.com).