In July 2022, two well-established industry leaders, Cannabis Real Estate Consultants (CREC) and WeCann, have recently merged companies. What does this mean for the cannabis industry? The new company provides a seamless service to cannabis businesses for buying, selling, and identifying opportunities for emerging markets, and winning licenses nationwide as the industry expands. GreenSpacePro has been a trusted partner for WeCann for many years and will continue to provide its software solutions for the newly merged company to keep track of license applications, compliance management, and project management for any other real estate project activity.
How consultants provide value for cannabis business, licensing, and real estate transactions
WeCann comes with a high level of expertise in commercial real estate, cannabis business licensing, cannabusiness operations, as well as California state and local politics. They bring 70 years of real estate experience and a strong five year history of successfully winning cannabis licenses for clients. During their solid history, WeCann has brokered over 100 transactions valued at over $180,000,000, and applied for over 150 licenses, with an 87% success rate
The CREC Network of Real Estate agents and CREC Directory of trusted ancillary service providers, has more than eighty active members. The organization was formed to fulfill the myriad of services required for cannabis business professionals who plan to buy and/or sell cannabis opportunities. CREC maintains one of the top national cannabis real estate websites and compiles all nationwide viable business and real estate opportunities for cannabis operations, in their client-only Cannabis Listing Services (CLS) database.
Cannabis Real Estate at its finest
The two organizations are comprised of experienced professionals from various fields who have a passion for expanding the cannabis industry to its maximum potential. Merging operations allows for more streamlined efforts across both organizations and adds the WeCann professionals to the CREC Holdings parent company.
Meilad Rafiei, Broker of Record for WeCann, and newly appointed CEO of CREC says, “Our brokerage and licensing team is built on the foundation of teamwork, transparency, due diligence, and hard work; ensuring we put the best foot forward for all of our clients’ needs.”
Erich Rubio, Co-Founder, President, and Chairman of the Board of Canna Resource Corporation (CREC), “It is very exciting to have WeCann now operating as CREC’s in-house brokerage, licensing, and public advocacy team. Combine that with the success of our https://cannabisrealestateconsultants.com platform and the expansion of data analytics and mapping technology, we are now arguably the largest cannabis specific brokerage and entitlement teams in the US, with intent to quickly help our clients acquire more market share.”
“Both organizations have learned first-hand as operators and as consultants with 100’s of successful applications and brokerage transactions, that getting a license is so much more than your operational skills. Getting into the cannabis industry successfully and attaining knowledge is challenging, we are prepared to help both mom and pop and large-scale operations.” continued Rubio.
Rafiei concurred. “Our two organizations find a natural synergy in history, location, team, and mission; forecasting a bright future developing effective models for supporting the legal cannabis industry and bringing this experience to other emerging markets nationwide.”
What this means for the cannabis industry
Starting a cannabis business is high risk and often entrepreneurs run out of funding, knowledge, and support before they are given the chance at operating their license. With the range of professionals assembled within the CREC Network, a team of trusted professionals are available and ready to improve a business’s chances of winning, acquiring or selling licenses successfully.
GreenSpacePro is proud to be a partner for CREC/WeCann and provide the following benefits to their business and their customers:
- License application tracking and project management
- Compliance guidance through standardized templates
- General project management and oversight
- Team collaboration
- Central file management
Meilad and his team have been active users for a long time and have helped evolve our software by providing us valuable feedback during our development stages. As Meilad confirms: “GreenSpacePro is a very user-friendly software solution that our team uses daily to manage the multitude of projects and tasks for licensing and compliance requirements by location. It helps us and our customers stay on top of the process through its effective team collaboration functionality. Finally, the GreenSpacePro team is always available for any feedback or requests and provide excellent customer service.”