Unique new first-mover investment opportunity in high-growth market with more than 8,000 plant medicine, real estate properties in key markets throughout the U.S.
Ft. Lauderdale, FL. -- FLO, a co-investment fund for real estate, has announced its launch, providing investors with access to a curated portfolio of secure real estate locations occupied by established cannabis tenants and psychedelic therapy properties in prime locations and markets.
FLO's sponsor and manager, KeefX.co, has a proven track record in real estate investment, with over 15 years of experience in acquiring, owning, and managing over 2 million square feet of retail, residential, and commercial real estate across the United States. By offering access to deals typically reserved for hedge funds, FLO levels the playing field for investors who want to enter the markets of cannabis and plant medicine real estate, but have previously been priced out by large investment amounts required.
FLO is acquiring long term leased retail, commercial, and specialty properties leased to licensed cannabis and psychedelic therapy clinics and retreat properties. The FLO investment fund Founders acquired and managed over $1B of real estate since 2012.
"The US cannabis industry alone was valued at $14.5B in 2022 and expected to grow to over $20B by 2030," said Yitz Klein, Founder and CEO of Keefx.co. FLO represents a turnkey opportunity to invest in the most tangible asset of this explosive brick and mortar industry - real estate," he said.
Internationally, psychedelics are used in licensed clinics, retreat centers, research facilities and religious centers in Canada, Israel, Switzerland, Brazil and Australia. The United States has begun rapidly advancing the use of psychedelic medicine, marked by the original legalization of Ketamine as a tool for treating depression, anxiety and trauma. Also, in the US, psilocybin has already been legalized in several states. Oregon took the groundbreaking step of becoming the first state to legalize the controlled use of psilocybin, with the requirement of licensed facilitators overseeing its administration. Following Oregon's lead, Colorado also passed a similar law, recognizing the therapeutic potential of this ancient medicine. A growing wave of legislative initiatives in states like Florida, Connecticut, New Jersey, and California, aiming to legalize the use of psychedelic medicine within licensed clinics.
"Plant therapy for mental health and wellness has grown quickly over the past few years and with the advancement of key legislation we anticipate the industry to follow a similar trajectory of cannabis," Klein said. "These powerful therapies are life changing and FLO is positioned to leverage its expertise and add significant value to the portfolio by including psychedelic therapy properties," he said.
Yitz Klein, Founder, KeefX.co
In the US, there are nearly 8,000 dispensary locations in 37 states along with thousands of other real estate locations housing cannabis and plant medicine industry operations. FLO's unique arbitrage opportunity allows investors to take advantage of the mispricing of real estate finance for cannabis properties, which is a result of a lack of institutional capital in the market due to non-legislation of the SAFE banking act. FLO will acquire the portfolio properties in sale/leaseback format from its exclusive pipeline of relationships, securing long-term leases with tenants for 10+ years. This provides investors with a steady cash flow, with all rental income distributed on a monthly basis.
FLO's co-investment structure offers investors the opportunity to enjoy the security of real estate investments with outsized returns. Once the SAFE banking act passes, institutional capital is expected to enter the market, increasing demand and prices for the portfolio properties, providing investors with significant returns on their investment. Investors can join FLO with just a few clicks, with the fund registered with the SEC and governed by FINRA. FLO will also provide spot liquidity through its alternate trading platform partners, allowing investors to enjoy liquidity of their real estate asset. The mandatory holding period prior to liquidity is 12 months.
"Throughout the pandemic, cannabis sales skyrocketed increasing the value of overall operations and strengthening the nation's portfolio of cannabis real estate," he said. "Investors looking for a unique opportunity in a stable and growing industry can take advantage of FLO's launch to expand their real estate holdings or start their portfolio with a first-mover opportunity on track for exponential growth."
For more information about FLO or to become an investor visit www.chainraise.io/flo. To request an interview contact Melissa Rein Lively, The Brand Consortium PR.
About Yitz Klein
Yitz Klein is a visionary CEO, entrepreneur, and thought leader in the field of revolutionizing healing through plant medicine real estate acquisition. With a deep understanding of the plant medicine landscape and a comprehensive background in private equity and alternative finance, Klein is driving the integration of plant medicine into mainstream healing practices. As the founder of FLO, KeefX and Trippy.vc Klein is at the forefront of transforming our approach to well-being and personal growth.
