使用大麻房地产投资信托投资大麻业务

Q2 Economics, Econometrics and Finance

Journal of Real Estate Portfolio Management Pub Date : 2018-01-01 DOI:10.1080/10835547.2018.12090018

Randall S. Guttery, S. L. Poe

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引用次数: 7

摘要

大麻产业正在迅速发展，大多数州已经通过立法，允许在某种程度上使用大麻。对于那些寻求投资这个行业的人来说，存在着重大挑战。另一种融资来源是房地产投资信托基金(REIT)。投资风险可以在许多投资者之间分散，他们可以提供比传统融资更长期和更低利率的贷款。房地产投资信托基金投资的主要缺点是，大麻在联邦法律下仍然是非法的。由于房地产投资信托基金必须将至少90%的应税收入作为股东股息分配，这使得用于扩张和增长的资本最少。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Using a Cannabis Real Estate Investment Trust to Capitalize a Marijuana Business

Executive Summary The cannabis industry is growing rapidly, with a majority of states having passed legislation allowing the use of marijuana in some capacity. Significant challenges exist for those seeking to invest in this industry. An alternative source of financing could be a real estate investment trust (REIT). The investment risk can be spread among many investors, who can offer longer-term and lower interest rate loans than traditional financing. The major downsides to REIT investing are risks related to the fact that marijuana is still illegal under federal law. As REITs must distribute at least 90% of taxable income as shareholder dividends, this leaves minimal capital for expansion and growth.

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来源期刊

Journal of Real Estate Portfolio Management Economics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)

自引率

0.00%

发文量

期刊介绍： The Journal of Real Estate Portfolio Management (JREPM) is a publication of the American Real Estate Society (ARES). Its purpose is to disseminate applied research on real estate investment and portfolio management.