Fund
-
-
506(c)
11% - 12%
$25,000
Evergreen
California
Colorado
Michigan
New York
Ohio
Debt
Industrial
Retail
Accredited
Published on 4/25/2024
MJ REIT was launched to finance real estate within the cannabis industry, with a dual goal of stability and above-market monthly distributions. The Fund targets a 10% annualized return, derived mostly from monthly income, and has an annualized return of 11.27%, net of fees, since inception. With exposure to 28 properties across eight states, MJ REIT is a diversified investment strategy and offers monthly purchases and redemptions. The minimum investment is only $25,000 with 1099 tax reporting. Distributions also qualify for a 20% tax deduction from federal taxes. Importantly, every deal is meticulously stress-tested to minimize downside risk and originated using an alternative-use valuation. The Fund is not plant-touching.
I was searching for a conservative passive income investment and very happy with my decision to allocate to MJ REIT. It's been a pleasure working with Chris and the team. I have exposure to other real estate sectors, but they have discovered a niche asset class with a lot of potential, which helps me diversify my overall portfolio. I look forward to many more years of consistent above-market income!
I invested in MJ REIT a little more than two years ago and have been very happy with my allocation. Always on time with their distribution, and the NAV has been steady since launch. They are a great group of people with a consistent strategy and solid communication.
Great investment so far and happy with the team. Strong monthly income and always paid on time.
I usually roll my eyes when someone comes to me promising far above market income - but with my background in the regulated cannabis industry, the math with MJ REIT made sense and I decided to invest with Chris and the team. I have to say they delivered as promised, and then some. Much better than I expected. I have also been impressed with their communication and personal touch. Highly recommend.
