TAYO Looks Ahead at Pending Legislation in Cannabis Market
April 16 2015 - 5:00AM
Business Wire
Taylor Consulting, Inc. (OTCBB:TAYO) is extending its search for
commercial real estate suited to the rapidly growing cannabis
industry to New York, where a rush of growers are petitioning the
state’s Department of Health for permits to set up shop in the
state’s newly created medical cannabis market.
The Company is seeking to be ahead of the curve in acquiring
real estate prior to a possible uptick in pricing of available
property, as growers and other industries that could benefit from
legal adult-use cannabis look for suitable commercial real estate
in the area. Cannabis is the fastest-growing industry in the United
States, and TAYO plans to gain a foothold in property acquisition
to capitalize on the booming adult-use cannabis market.
“There is a huge market for medical cannabis in New York, and
growers and dispensaries are going to require commercial real
estate to facilitate their operations,” said TAYO CEO Scott
Wheeler. “The time is now to capitalize on this big real estate
opportunity before prices jump significantly.”
The Company will continue narrowing down potential commercial
properties and studying national adult-use cannabis trends to
decide where to acquire property next in order to reap the benefits
of the soaring national cannabis industry, projected to make an
estimated $3.5 billion in 2015.
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,” “anticipates” 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
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