MJ Real Estate Investment Trust
Although cannabis is legal in 40 states, D.C. and a few US Territories, it is currently classified as a Schedule I narcotic and remains illegal at the Federal level. As a result, companies within the cannabis industry have limited financing options, leading to a void of capital in the market. Considering the attractive industry growth projections, lack of traditional financing, and limited institutional involvement, we believe that we can earn a premium over what investors can earn in traditional real estate investments.