Cannabis-Compliant Real Estate
Cannabis Real Estate in Florida
Cultivation, processing, and dispensary sites for licensed Florida operators
Florida runs the largest medical cannabis market in the Southeast — 929,000+ active patients and 766 dispensary locations as of 2026 — under a strict vertical-integration license model. To dispense in Florida you need a Medical Marijuana Treatment Center (MMTC) license, and that license requires you to cultivate, process, and sell under one umbrella. That makes real estate mission-critical: operators need grow facilities, extraction and processing labs, and retail dispensary sites, each compliant with state rules and local zoning. Two 2026 catalysts are reshaping demand — the state must issue 22 new MMTC licenses by July 1, 2026 under SB 1242 (nearly doubling the 28 current operators), and in April 2026 the DEA moved state-licensed medical marijuana to Schedule III, easing the 280E tax burden that has long squeezed operator economics. We help licensed operators, license applicants, and the investors who back them source compliant cultivation, processing, and dispensary real estate across Florida — on- and off-market. Always confirm your license status and local zoning before closing.
Florida MMTC Licenses
28 → ~50
22 new licenses due by July 1, 2026 (SB 1242)
Active Medical Patients
929,000+
766 dispensary locations statewide (2026)
Federal Status
Schedule III
State-licensed medical rescheduled April 2026
Cannabis Facility Types We Source
Florida's vertical-integration model means most operators need all three — cultivation, processing, and dispensary — often on a single campus.
Cultivation Facility
Indoor warehouse or greenhouse grows. Heavy electrical service, HVAC and dehumidification, water, security, and odor control. Industrial or agricultural zoning.
Processing / Extraction Lab
C1D1-rated extraction, commercial kitchens, and GMP packaging. Usually co-located with cultivation under the vertical-integration license.
Dispensary / Retail
High-visibility retail and medical corridors. Governed by pharmacy-parity zoning, with a 500 ft setback from K-12 schools.
Vertically Integrated Campus
Cultivation, processing, and distribution co-located — the most efficient footprint for a Florida MMTC operator.
Hemp / CBD Facility
Hemp processing, extraction, and retail under the 2018 Farm Bill — fewer restrictions than THC and no MMTC license required.
Why Florida Is a Standout Market for Cannabis
Florida is one of the most consequential cannabis real estate markets in the country — and 2026 is a pivotal year for operators.
Vertical Integration = Real Estate Is the Business
Florida MMTCs must cultivate, process, and dispense under one license. You control the whole supply chain, which makes site selection and facility quality central to your margins.
22 New Licenses Incoming
SB 1242 requires the state to issue 22 new MMTC licenses by July 1, 2026 — nearly doubling the operator pool. Winners will need compliant cultivation, processing, and dispensary sites fast.
Largest Medical Market in the South
929,000+ active patients and 766 dispensaries as of 2026, growing with Florida's population. Strong demand keeps cultivation capacity in short supply.
Schedule III Tax Relief
In April 2026 state-licensed medical marijuana moved to Schedule III, lifting the punishing 280E tax treatment for these operators and improving the economics of owning real estate.
Year-Round Grow Climate
Florida's sun and warmth give greenhouse cultivation a structural cost advantage over the fully indoor grows that colder states depend on.
Adult-Use Optionality
Florida remains medical-only — adult-use ballot efforts fell short in 2024 and did not qualify for 2026 — but operators are positioning real estate now for a market that could expand later.
Cannabis Investing: Pros & Cons
Cannabis real estate offers operators control and scarcity value — but federal friction and heavy buildout costs are real.
Why Operators Buy & Build
Control Your Supply Chain
Vertical integration means owning or controlling the grow, lab, and dispensary — your real estate is a competitive moat, not just overhead.
Scarcity Is the Moat
Limited licenses and hard-to-permit sites mean compliant, operator-ready real estate holds value even as the market shifts.
Schedule III Tailwind
The April 2026 reclassification eases 280E for state-licensed medical operators, materially improving after-tax economics.
Capital Strategies Exist
Build-to-suit and sale-leaseback structures (e.g., Innovative Industrial Properties) free up equity to fund operations and expansion.
The Real Estate Is Durable
Even if a license or operator changes hands, a power-, water-, and security-equipped compliant building retains underlying value.
What to Watch
Federal Friction Remains
Marijuana is still federally controlled. SBA loans and most bank financing are off-limits, banking is cash-heavy, and recreational use stays Schedule I.
Local Bans & Moratoriums
Many Florida cities and counties ban dispensing facilities outright. Pharmacy-parity zoning helps, but only where the jurisdiction allows them at all.
Heavy Buildout Cost
Cultivation power, HVAC, water, security, and odor systems are capital-intensive. Verify utility capacity before you commit.
Purpose-Built / Single-Use Risk
A fully built-out grow or lab is expensive to repurpose if the operation fails or the license moves.
Zoning & Setback Complexity
The 500 ft school setback and pharmacy-parity nuances make site selection a legal exercise, not just a real estate one.
Who We Source Cannabis Real Estate For
This page is built for people who need a property to operate on — not passive investors chasing a cap rate.
Licensed MMTCs
Expansion
Florida's 28 licensed operators adding cultivation capacity, processing throughput, or new dispensary doors.
Why It Fits
We know which corridors clear pharmacy-parity zoning and which buildings can carry a grow's power and water loads.
New License Winners
2026 Cohort
Applicants for the 22 new SB 1242 licenses who must stand up cultivation, processing, and retail quickly once awarded.
Why It Fits
We line up compliant sites in advance so you can move the day your license is issued.
Hemp & CBD Operators
Farm Bill
Hemp processing, extraction, and retail operators working under the 2018 Farm Bill rather than the MMTC framework.
Why It Fits
Fewer zoning constraints than THC — we match you to industrial and retail space that fits.
Multi-State Operators
Florida Entry
MSOs entering or scaling in Florida ahead of potential market expansion.
Why It Fits
Off-market access to cultivation campuses and dispensary pads in the state's growth metros.
Cannabis Investors / Landlords
Sale-Leaseback
Investors buying compliant real estate to lease back to licensed operators, IIPR-style.
Why It Fits
Cannabis sale-leasebacks trade at premium yields — we source the asset and help vet the operator.
Ancillary & Adjacent
Pick-and-Shovel
Testing labs, distribution, packaging, and equipment operators serving licensed businesses.
Why It Fits
Plant-touching rules don't apply, but proximity and zoning still drive the search.
Major Cannabis Operators & Tenants
Florida's market is led by a mix of homegrown operators and national multi-state operators (MSOs).
Trulieve
Florida's largest operator, headquartered in Quincy — the dominant dispensary count statewide.
Curaleaf
Multi-state operator with a major Florida cultivation and retail footprint.
Verano (MÜV)
Vertically integrated operator running the MÜV dispensary brand in Florida.
Ayr Wellness
Florida cultivation paired with Liberty Health Sciences dispensaries.
Cresco Labs (Sunnyside)
Multi-state operator running Sunnyside dispensaries across Florida.
Surterra / Parallel
Long-standing Florida operator with cultivation and retail.
GrowHealthy
Florida-focused cultivator and dispensary operator.
Cookies Florida
Branded dispensary presence through Florida licensing partners.
Operator names are listed for market reference only. MaxLife Commercial is an independent commercial real estate brokerage and is not affiliated with or endorsed by these companies.
Cannabis Real Estate Diligence Checklist
Cannabis site diligence is part real estate, part regulatory. These are the items that make or break a deal.
Zoning Verification
Dispensaries follow pharmacy-parity zoning (FL Stat. 381.986); cultivation needs industrial or agricultural zoning. Confirm the jurisdiction hasn't banned dispensing facilities.
Power Capacity
Indoor grows draw enormous electrical loads. Verify utility service capacity and the cost of any upgrade before you commit.
Water & Drainage
Cultivation is water-intensive. Check supply, reclaimed-water access, and drainage and discharge permits.
Security Buildout
State rules mandate surveillance, access control, alarms, and limited-access/vault areas. Budget the buildout.
500 ft School Setback
Dispensing facilities can't sit within 500 feet of a K-12 school absent a local public hearing. Check every candidate pad.
Odor Mitigation
Carbon filtration and negative-pressure design protect neighbor relations and your local approvals.
Financing Path
SBA and most banks won't lend on plant-touching property. Plan for cash, private/cannabis lenders, or a sale-leaseback.
Federal & Title Risk
State-licensed medical is Schedule III as of April 2026, but marijuana stays federally controlled. Confirm title insurance and lender comfort.
Browse Live Cannabis Listings
Current cannabis properties for sale across Central Florida — live from Stellar MLS, no Crexi or LoopNet detour.
$9.95M
6608 Marina Dr
Holmes Beach, FL 34217
6,292 SF · 1.94 ac · Built 1960
MLS #TB8415541, VIRTUAL REALTY INC.
Listing provided by Stellar MLS
$5.99M
1 S Cottage Hill Rd
Orlando, FL 32805
28,536 SF · 3.86 ac · Built 1976
Carter Tabernacle Cme Church 47/123
MLS #O6373219, COLDWELL BANKER REALTY.
Listing provided by Stellar MLS
$5.00M
5000 Silver Star Rd
Orlando, FL 32808
27,517 SF · 3.09 ac · Built 1960
Evans Village
MLS #O6330768, ILIST REALTY.
Listing provided by Stellar MLS
$4.95M
3601 E Moody Blvd
Bunnell, FL 32110
29,620 SF · 18.32 ac · Built 1988
MLS #FC294187, GREAT EXPECTATIONS REALTY.
Listing provided by Stellar MLS
$4.40M
11734 Jefferson Rd
Thonotosassa, FL 33592
33,950 SF · 3.29 ac · Built 2007
Unplatted
MLS #TB8520562, FLORIDA COMMERCIAL GROUP.
Listing provided by Stellar MLS
$3.30M
24068 Us Highway 27 Hwy
Moore Haven, FL 33471
12,474 SF · 7 ac · Built 1992
MLS #C7480768, TARPON BLUE REAL ESTATE.
Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID. Data deemed reliable but not guaranteed.
Browse Active Listings
Browse Cannabis & Specialty Listings
Public marketplaces file cannabis-use real estate under their specialty categories. Most Florida cannabis deals, though, move off-market through operator networks.
Crexi
Tech-forward CRE marketplace
Growing inventory of Florida special-purpose listings.
LoopNet
Largest CRE listings network
The biggest pool of specialty listings in Florida.
BizBuySell
Operating business listings
Business-for-sale listings for owner-operators.
Cannabis-zoned and operator-ready sites rarely hit the open market. For off-market opportunities, tell us what you're looking for.
Frequently Asked Questions
Florida Cannabis Real Estate FAQ
Common questions from operators sourcing cultivation, processing, and dispensary real estate in Florida.
Can I buy a building and open a cannabis dispensary in Florida?
Not on real estate alone. Florida only allows licensed Medical Marijuana Treatment Centers (MMTCs) to dispense, and the state uses a vertical-integration model — an MMTC must cultivate, process, and sell under one license. You need an MMTC license (or a partnership with a license holder) before a dispensary can open. The state is issuing 22 new MMTC licenses by July 1, 2026 under SB 1242.
Does Florida require cannabis vertical integration?
Yes. A Florida MMTC must grow, process, and dispense its own product under a single license. In practice that means an operator needs three kinds of real estate — a cultivation facility, a processing/extraction lab, and one or more dispensary locations — often co-located on a single campus.
Where can a cannabis dispensary be located in Florida?
Florida Statute 381.986 gives dispensing facilities 'pharmacy parity' — a city or county can't zone them more restrictively than it zones pharmacies, and can't cap how many operate. But local governments can ban dispensing facilities entirely, and a dispensary can't be within 500 feet of a K-12 school unless the locality approves the location at a public hearing.
How many cannabis licenses does Florida have?
Florida has 28 licensed MMTCs as of 2026. SB 1242 requires the Department of Health to issue 22 additional licenses by July 1, 2026 — bringing the total to roughly 50 and driving a wave of new demand for cultivation, processing, and dispensary real estate.
Is recreational marijuana legal in Florida?
No — Florida is medical-only. An adult-use amendment won about 56% of the vote in 2024 but fell short of the 60% supermajority required, and a 2026 measure failed to qualify for the ballot. Legalization efforts continue, so many operators are securing real estate now to be positioned if the market expands.
Can you finance cannabis real estate?
It's harder than conventional CRE. Because marijuana remains federally controlled, SBA loans and most bank financing are off the table for plant-touching property. Deals are typically done with cash, private or cannabis-specialty lenders, or sale-leasebacks with cannabis REITs such as Innovative Industrial Properties. The April 2026 move of state-licensed medical marijuana to Schedule III is improving the financing and tax outlook.
What does a cannabis cultivation facility need?
Cultivation real estate has to support heavy electrical loads for lighting and HVAC, ample water and drainage, robust security and surveillance, and odor mitigation — usually in an industrial or agriculturally zoned building or greenhouse. Verifying power and water capacity before purchase is the single most important diligence step.
Is This You?
Quick Fit Check
If you nod "yes" to two or more of these, let's talk about your real estate.
You hold — or are applying for — a Florida MMTC license.
You need cultivation, processing, or dispensary space and a broker who knows the zoning rules.
You run a hemp or CBD operation and need processing or retail space.
You want a vertically integrated campus that can scale with the market.
You'd consider a sale-leaseback to free up capital for operations.
Tell Us What You're Building
Share your license type (or application status), the facilities you need, and your target counties. We'll source compliant cannabis real estate — on- and off-market — and flag the zoning and power realities before you tour.
Related Resources
Industrial Real Estate in Florida
Cultivation and processing facilities are industrial buildings — see Florida warehouse, flex, and IOS inventory.
Learn more →Special Purpose Properties
Cannabis sits within the wider specialty-CRE category alongside other niche, operator-driven assets.
Learn more →Land for Sale in Florida
Greenhouse cultivation and ground-up campuses start with the right industrial or agricultural land.
Learn more →