High rise development – U.S. studies indicate states with legalized pot have seen a boost in property values but this trend isn’t expected to hit Canada

Noted: In their study published in August last year, Contact High: The External E?ects of Retail Marijuana Establishments on House Prices, the University of Georgia’s James Conklin, University of Wisconsin-Madison’s Moussa Diop, and Herman Li of California State University in Sacramento reported an even greater boost to home prices after recreational marijuana sales became legal in Colorado.