TAYO Targets Nevada Real Estate in Response to Cannabis Ballot
March 18 2015 - 4:00AM
Business Wire
Following Taylor Consulting, Inc.’s (OTCBB:TAYO) meetings with
realtors in Colorado to secure property in the state’s booming
cannabis industry, the company has now set its sights on Nevada,
predicted to be the next state with legal, adult-use cannabis.
Legalization of adult-use cannabis is on next year's ballot in
the state, where the plant is already decriminalized and legal for
medicinal use. The state experienced a real estate hike when it
legalized medical cannabis in 2000. If voters choose to legalize
adult-use cannabis in 2016, Nevada is sure to experience a similar
gold rush in property sales.
“We’re looking to be just ahead of the economic curve, and we
feel Nevada will be a hot market,” said TAYO CEO Scott Wheeler.
“Commercial real estate in states with legal cannabis is booming.
Our focus is to establish footing in those areas and anticipate
where the next one is going to be. Expanding our portfolio by
getting in the market early can produce a great return on
investment. We’re going to continue looking at the evolving
nationwide legal cannabis market to determine the next wave of
interest.”
TAYO’s scouting trip to Nevada will take place next week. The
company plans to target other states with upcoming legal cannabis
bills, such as New York, Pennsylvania, Arizona, Nebraska, Kentucky
and Georgia. Acquisition of commercial real estate in
cannabis-friendly states are sure to thrive in the soaring $2.7
billion legal cannabis market.
About Taylor Consulting, Inc.
Taylor Consulting, Inc. (TAYO) recently created Third Avenue
Development, LLC as a new division whose primary goal is to invest
in promising real estate assets to compete alongside American Homes
4 Rent (NYSE:AMH), Silver Bay Realty Trust Corp. (NYSE:SBY), Equity
Residential (NYSE:EQR), Essex Property Trust Inc. (NYSE:ESS) and
others.
Third Avenue Development, a premier hybrid real estate and
development company, is building an emerging portfolio of real
estate assets for investment, rehabilitation and resale. The
company is focused on acquiring properties in the country’s
top-performing housing markets in order to capitalize on the
continue recovery and growth of U.S. real estate marketplace. For
more information, visit www.ThirdAvenueDevelopment.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the
words “believes,” “expects,” “anticipate” or similar expressions.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone’s past success, either financial
or strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above and the company assumes
no responsibility to update the information included herein for
events occurring after the date hereof.
Taylor Consulting, Inc.Scott Wheeler, 713-840-6099President and
CEOinfo@tadcorp.com
Taylor Consulting (CE) (USOTC:TAYO)
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