Medical marijuana is a booming, multi-billion dollar industry that is, according to ArcView Market Research, “arguably the fastest growing industry in the world.” With more and more published scientific and medical research attesting to the efficacy of this plant in the management and treatment of an incredible spectrum of physical and psychological ailments, the financial forecasts for this industry are astonishing. ArcView projects that by the year 2021, the industry will have grown by a compound annual growth rate of 26% to achieve a net worth of a staggering US $21.6 billion!
With the spread of the legalization movement across the United States and the growing acceptance of medical marijuana by the public, lawmakers and the new administration, come the proliferation of medical marijuana growers and cultivators. And it’s these businesses to which real estate professional Kendell Lang extends the services of a Real Estate Investment Trust (REIT), provided through his company Fusion Properties Management Group (FPMG).
About FPMG & the REIT Opening the Door to the Medical Marijuana Growing Community
FPMG is a real estate management vehicle for a REIT that serves state-licensed and city-permitted medical marijuana growers and cultivators. Through its nationwide portfolio of single purpose real estate, FPMG is able to provide growers with prime land upon which they can build and operate controlled environment agriculture (CEA) facilities for the cultivation of medical marijuana. FPMG also functions as an investor and offers sale/leaseback agreements to growers whose capital would yield a much higher return on investment were it not locked in real estate and expensive facilities, equipment and upgrades.
The third facet of the services real estate expert Kendell Lang offers through FPMG is construction and with the company’s vast supply of proprietary technology and state-of-the-art construction materials. This gives FPMG the unique ability to deliver fully equipped, turnkey growing facilities and greenhouses with designs that are not only cutting-edge, but also extremely energy efficient (and environmentally friendly) and can save growers as much as 50% on traditional costs.
“We begin every project by analyzing the grower’s needs. We want to know what your goals are, what you need and the challenges you’re trying to overcome,” explains real estate professional Kendell Lang. “Once we intimately understand your situation, which will be facilitated over the course of several planning meetings, we’ll tailor a solution that meets every nuance of your specific requirements. It’s a collaborative effort between your team and our construction, financial, and real estate experts.”
With a degree in biology, decades of experience in special purpose real estate and having pioneered the very first Life Sciences / Biotech REIT, BioMed Realty Trust, Inc. (NYSE: BMR), Kendell Lang is passionate about servicing the medical marijuana growing community. Lang feels that FPMG is the perfect vehicle through which this community can receive the funding they need to achieve fantastic heights of success.
In January 2016, BioMed Realty Trust was acquired and taken private by Blackstone Real Estate Partners for $8 Billion, which you can read about here.
Contact Real Estate Professional Kendell Lang
If you are a state-licensed medical marijuana cultivator or manufacturer and would like to learn more about Fusion Properties’ real estate and construction services, contact real estate expert Kendell Lang at +1 760 445 3315 or go to https://calendly.com/kendell-lang to schedule a discovery call.
CEO & Principal Investor
FUSION PROPERTIES MANAGEMENT GROUP, INC.
Oriental Center, Suite P1 | 254 Munoz Rivera Avenue | San Juan | Puerto Rico | 00918
Phone: +1 760 445 3315