2. Kalyx Properties Inc, a Cannabis Real Estate Investment Trust
Combining Real Estate and Cannabis Expertise
Establishing a new vertical in commercial real estate by repositioning existing underutilized real estate assets for use in legal cannabis operations.
Portfolio of 9 properties across AZ, CO, OR, and WA with new acquisitions expected in FL, MA, MD, MI and NV.
Supportive landlord leasing 653k sqft to 23 established or emerging licensed cannabis operators in states where such activities are legal under state law.
Providing access to critical build-out and expansion capital consumed by operators’ real estate assets and thereby often accelerating growth.
Extensive IP re: state and local laws/regulations, local zoning/CC&Rs and property infrastructure requirements including power, HVAC, water, security and data.
© Kalyx Properties Inc. 2017

5. A Leader in Cannabis Real Estate
Kalyx Properties Inc.
A Leader in Cannabis Real Estate
© Kalyx Properties Inc. 2017

11. Canna-Real Estate www.gardenremedies.org

23. Legal Marijuana in Washington:
1998: I– 692 created medical marijuana
2012: I-502 created legal recreational cannabis
Passed by a popular vote of 56% to 44%
July 1, 2016 includes medical
Local governments retain their full penumbra of zoning and land use regulatory authority.
AGO 2014 No. 2 opined that “there is a strong presumption against finding that [I-502] preempts local ordinances…and…includes no clear indication it was intended to preempt local authority to regulate such businesses.”
Cannabis Action Coalition v. Kent, WA Supreme Court affirmed State did not intended to preempt local zoning/land use regulatory authority (183 Wn.2d 219, 2015).
Josh Brower