CPIX Blog

Bricks & Mortar Group Sells Muskegon Marijuana Facility Property Sold to Become Grow & Processing Business

Waterford, MI: Bricks + Mortar Group, a Michigan female-owned and operated real estate company, specializing in property zoned for marijuana use, is excited to announce their latest sale. Bricks + Mortar Group sold the Muskegon grow and processing facility, with the sale price of $250,000, on April 24th. Stephanie Goodman, owner of Bricks + Mortar Group, acted as the agent in the sale.

The property sold includes 20 acres of vacant land, two class C grow permits, and one processing permit. It is located on North Maple Island Road in Muskegon, a large city in West Michigan. The grow and processing facility will help supply cannabis products to the 1.4 million Michigan residents who live within 60 miles of the location.

After Michigan’s recent decision to allow both medical and recreational marijuana businesses, the demand is rising for city-approved property on which to place the facilities. Many municipalities are approving new marijuana business applications, as the tax revenue can be highly beneficial to cities.

About Bricks + Mortar Group: Founded in 2015, Bricks + Mortar Group began with a focus on investment real estate and business brokerage. The company was rebranded in 2017 to focus exclusively on the cannabis industry, and has become a widely known industry leader in cannabis real estate and aggregation of related data. The robust team of experts at BMG are able to provide everything from brokers price opinion reports, business valuations, investment advice, ordinance reviews, and more. The company has quickly established themselves as the top marijuana real estate brokerage in Michigan.

Bricks + Mortar Group
248-671-6721
admin@bricksmortargroup.com

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