Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Metrospaces (OTC:MSPC) Seize Upon Real Estate Market Opportunities in the Cannabis Space; Companies discussed: Aurora Cannabis, Cronos Group, Inc., Altria, Crop Infrastructure Corp.

POINT ROBERTS, Wash. and DELTA, British Columbia, Dec. 12, 2018 (GLOBE NEWSWIRE) --, a leading investor news resource covering real estate and cannabis stocks, releases a snapshot looking at the synergistic opportunity for both sectors.

As the emerging cannabis market explodes with increased legalization across North American markets, Metrospaces, Inc. (OTC:MSPC) Company Executive President Mr. Oscar Brito highlights the considerable market opportunities in real estate that many investors may have overlooked.

Listen to the podcast interview with Oscar Brito, Metrospaces, Inc.:

Metrospaces, Inc., a real estate investment firm that invests in operating companies, has made moves in the cannabis space. Brito said the emerging market is growing too fast to ignore and that most of the attention of institutional investors has been focused on aspects other than real estate.

“We’re looking around for new opportunities in the marketplace and obviously cannabis is something that is getting to the point where you just can’t ignore it any longer,” he said. “Everybody jumps into the operating side and that’s where the money has really been rushing into. At the same time, we’ve seen [that] the real estate side has been completely ignored or largely ignored by institutional investors.”

The interest of a company like Metrospaces reflects wider trends in the cannabis market that have seen significant market opportunity where legalization has taken effect. An article on Crew Network analyzes the real estate boom that cannabis has helped to instigate in certain parts of the U.S. Pointing out that the sector relies on real estate for cultivation, manufacturing, warehousing and brick-and-mortar stores, the article argues that in cities where it is already legal, cannabis is causing “a spike in warehouse and other industrial property values.” The article adds that:

“Data centers, self-storage properties and factories are all being repurposed for cultivation and manufacturing of marijuana. Land values have escalated in states where outside cultivation is permitted.”

This is further reflected by the experience in Canada, where a so-called “green rush” is resulting from recreational cannabis legalization on the federal level in October. A piece in the Financial Post cites research from real estate consulting firm Altus Group, indicating that “marijuana-growing facilities have already consumed 8.7 million square feet in the first nine months of 2018,” and that “another six-plus-million square feet are in the pipeline.” An example of this is Aurora Cannabis Inc.’s (NYSE:ACB) (TSX: ACB) construction of an 800,000 square-foot facility near Edmonton, Alberta, helping to propel that city’s commercial real estate sales value to over $1 billion.

More recently, it was announced that tobacco company Altria (NYSE:MO) had acquired 45 percent of Cronos Group, Inc. (NasdaqGM:CRON) (TSX: CRON) stock and would convert existing tobacco farmland into cannabis farmland.

However, as with Metrospaces, it isn’t only operators that are taking advantage of the market opportunity. Crop Infrastructure Corp. (CSE:CROP) (OTC: CRXPF), a company that constructs, owns and leases real estate solutions to cannabis operators, has massively expanded their portfolio recently. The company announced on December 6 that it had begun a first phase development covering 1,729,000 square feet (40 acres) of outdoor cannabis and 60,000 square feet of greenhouse at its 1,000-acre cannabis farm in Nevada.

Brito said the position was ideal, as it allows companies like Metrospaces to stick with property without having to worry about the frequently troublesome regulation of the cannabis sector itself.

“We like this quite a bit because we can do what we do best – which is invest in real estate – and being on the real estate side lets you cover yourself from the regulatory situation that we have now, where in some places it’s illegal and it’s still federally prohibited,” he said.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

About - News that Inspires Big Investing Ideas

Follow us on Cannabis Social Media

This news is published on the Newswire – News that Inspires big ideas. Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: Disclosure: this news article and podcast featuring Metrospaces is a paid for news release on – third party. Learn more about costs and our services

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.
Please read privacy policy:


Comment On!

Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to (via Easy Blurb).