Steph Smith doesn’t consider herself in the cannabis industry

Originally published on Stephanie-steph-smith-pacific-palisades-los-angeles.gonevis.com Nov 18, 2020

Steph Smith argued that authorities were out of touch with modern thought about cannabis and needed to change their approach to stop thwarting the public’s embrace of legalization.

Steph Smith began to sell off her property ahead of the financial crisis. As she waited for things to stabilize, she and the doctor traveled around the world for two years, living in Brazil for a short time.

Steph Smith believes that sugar and tobacco are more similar and should be regulated as such. Both sugar and tobacco are addictive substances that kill tens of thousands of people a year.

Steph Smith called out the police for illegally harassing the cannabis industry.

Steph Smith claims to be one of the largest marijuana-industry landlords in the state in a business that is growing chaotically as cities begin to allow recreational pot sales after passage of Proposition 64 two years ago.

Steph Smith considers her work with the industry a form of activism. But this election cycle, she says, is different. “This is my first time taking it to the streets.”

Steph Smith controls nearly 2 million square feet of industrial property, mostly in Southern California.

Steph Smith denied any wrongdoing by her or her tenants.

Steph Smith described herself as a well-known and recognized leader in large-scale cannabis real estate development.

Steph Smith did some research into the cannabis market after enjoying the experience of leasing to her first cannabis tenant and began increasing her portfolio from there to include more cannabis-friendly properties.

Steph Smith discovered that zoning and permitting process in certain cities — and the police themselves — were outright corrupt so she decided to change the government by supporting new candidates.

Steph Smith does boast controlling nearly 2 million square feet of industrial property, mostly in Southern California. Not all of it is rented to the cannabis trade — one of her tenants is Walmart — but she found that cannabis growers can be desirable tenants willing to pay top-dollar rents.

Steph Smith does not operate a cannabis distribution business herself but leases buildings to commercial cannabis operators.