What’s going on in Moffat Colorado? (Never heard of Moffat Colorado? See below–) 420 acres of marijuana ‘co-growing’ space to be exact – a unique business operation (cleverly) named ‘Area 420’. Being one of the only places in Colorado that allows outdoor growing, Moffat has more less brought vanguard to the ‘economy sharing/ and co-working’ concept within the marijuana industry with their introduction of a Commercial Cannabis Park. Taking advantage of the major hurdles in the cannabis growing industry (including municipalities capping the number of businesses they allow and license applications costing anywhere from $750,000-$2 million dollars) Area 420 has surmounted major barriers to entry with their lots coming pre-approved with local licenses in place included in the land sales price. Lot prices start at $100,000 and can be purchased in sizes between one and forty square yards.
On the real estate side of things — Area 420 will bring new economic vitality to a place that currently has a medium income of 30,000. While providing an influx of money, it can be anticipated with time, the housing industry will follow suite in boosting currently handicapped economic growths.
*Moffat, whattt? Just short of a four hour drive and 200 miles south from Denver Colorado – Moffat is a tiny statutory town just ten minutes from the spiritual Mecca of Crestone, offering yoga, yurt camping, cafes, natural grocers, and causal UFO sittings. The town itself is surrounded with stunning mountain views and natural hot springs – but only boasts a population of about 150 people – why, I am surprised you haven’t heard of it.