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WILL CALIFORNIANS SPEND MONEY ON WEED MANSIONS?

In Sherman Oaks and Hollywood last weekend, two multi-million dollar homes hosted open house parties featuring food and expert advice, along with cannabis products. They were part of the push to make homes enhanced for cannabis a thing.

Welcome to the buzz around Bel Air’s “Marijuana Mansion.”
FORBES, YouTube

  • A lounge that has been renamed a “cannabis conservatory” — complete with custom lighting, an organic hydroponic cultivation gallery, full ventilation, gardening service — is the home’s centerpiece feature. Upon completion the house is to include a speakeasy-style secret bookshelf entrance and biometric locks.
  • Several athletes, Fortune 500 execs, and celebrities have expressed interest, both in and out of state, according to the project’s developer, Ramtin “Ray” Nosrati.

Quick Hit

  • L.A.-based Ello Capital plans “one-stop” shopping as a marijuana-focused investment bank serving cannabis companies in the United States.
    MJ Biz