CalCann Holdings, LLC is building a portfolio of cannabis properties in California that are entitled with a municipal license granting eligibility for a state MMRSA (Medical Marijuana Regulation and Safety Act) license. CalCann leases its licensed properties to recognized, seasoned operators and provides select tenants with capital for infrastructure upgrades.
CalCann is an on-going, equity buyer of industrial and commercial real estate and a landlord well versed in the regulatory, zoning and operational challenges unique to the cannabis industry. While we have invested in some operations, CalCann itself is not a cannabis operator. It neither owns, nor does it intend to own, a financial interest in a cannabis business. Rather, by purchasing their buildings well and carefully vetting new tenants, CalCann is creating a new real estate vertical that addresses the specific needs of the cannabis industry.
CalCann uses a range of traditional and tailor-made acquisition structures that allow operators to unlock capital currently consumed by their real estate assets. This often enables tenants to strengthen their balance sheet and accelerate their growth. CalCann also draws on its growing network of regulatory and law enforcement partnerships in providing guidance to tenants as they navigate compliance issues in new markets.
CalCann is building a carefully selected portfolio of real estate assets as well as lasting partnerships with its tenants, lawmakers and regulators. CalCann believes that the steady advancement of cannabis legalization in California, the largest marijuana market in the world, will spur increasingly greater opportunities to acquire properties, attract and retain strong tenants and build value for our investors.
Our clients are trailblazers, building a new and vibrant industry from scratch. Each and every one of them has made a conscious decision to assume a certain level of risk in order to change the course of history. As trailblazers ourselves, we take pride in being with them every step along the way, helping them navigate and overcome unique legal and regulatory challenges.