The city of Los Angeles’ Department of Cannabis Regulation keeps a list of cannabis cultivators that have applied for relocation — essentially, telling the city that they want to find a new building and change the address associated with their license. Joshua Joseph, senior associate, corporate real estate at James Capital Advisors, has a copy of the relocation list, received in September 2020. The list shows 53 cultivators who applied to relocate. The reason these businesses are looking to move to a new space is that their existing property is either too small or not suitable for utilizing their licenses to their full capacity, Joseph said, “and the reason they’re on that list is because they can't find [a new] one.” 
The demand for industrial space, supercharged by the coronavirus pandemic, is affecting all users of all sizes, including cannabis cultivators. Even though there aren’t new licenses being given out, among the fixed number of cultivators allowed to operate in Los…  Read the full story here. | 
