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Feds stymie growth of pot biz in CRE

Pat Kesgard, CCIM
Pat Kesgard, CCIM

Since Oregon’s legalization of recreational marijuana last summer, there has been a flurry of community meetings and business related events discussing public safety, regulation and the quandary facing recreational marijuana businesses, seeking financing or banking resources.

Pat Kesgard, CCIM, president of Compass Commercial Real Estate Services, joined a recent panel discussion on marijuana, banking and real estate hosted by the Risk Management Association, East Cascades Chapter and provided more details on the company’s current stance on the matter. Earlier this month, he discussed the topic on KBND. Listen to the complete podcast on what is happening in the Bend commercial real estate and construction market HERE.