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NM cannabis industry leaders talk ripple effects on real estate

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When it comes to cannabis, usually the discussion concerns revenue and taxes the crop can bring to state and local coffers. But leaders from Ultra Health and PurLife who spoke at a NAIOP breakfast Thursday discussed how New Mexico's multimillion-dollar industry could also expand and affect real estate. In 2016, the top 25 medical marijuana companies generated over $46 million in gross receipts and paid over $12.3 million in compensation to their employees. Ultra Health and PurLife are medical marijuana…

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