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Cannabis Drops Value of Homes


Blog by | November 19th, 2018


 

Just a heads up - Cannabis grown in houses drops the value of the houses on average by 20%! 62% of Canadian will not buy a house with Cannabis grown in it even if it was grown legally and several major banks will not grant a mortgage on a house that has had Cannabis grown in it even if it was remediated. If you have rental properties you need to add a clause in your rental lease stating Cannabis cannot be grown in the house or outside on the property.