Abandoned New York Nursing Home Sells for £1.5M to Cannabis Business – A Sign of the Times?
Abandoned NY nursing home sold to cannabis firm

An abandoned nursing home in New York has been sold for $1.5 million (£1.2 million) to a cannabis business, marking a striking shift in the state's commercial property landscape.

The derelict building, once a care facility for the elderly, will now be repurposed for the burgeoning marijuana industry following New York's legalisation of recreational cannabis in 2021.

From Care Home to Cannabis Hub

The 20,000-square-foot property, located in the town of Plattsburgh near the Canadian border, had stood empty for years before attracting interest from the cannabis sector.

Local officials confirmed the sale to a marijuana cultivation and processing company, highlighting how legalisation is transforming unused spaces across the state.

Community Reactions Mixed

While some residents welcome the economic boost, others express concerns about the changing character of their neighbourhood.

"It's certainly better than having an eyesore sitting empty," said one local business owner. "But we never imagined a former nursing home would become a marijuana facility."

The Green Rush Continues

This transaction reflects a growing trend across New York, where former industrial sites, retail spaces and now healthcare facilities are being converted for cannabis operations.

Industry analysts predict more such conversions as the state's legal marijuana market continues to expand, potentially creating thousands of jobs and generating significant tax revenue.

The new owners plan to begin renovations immediately, with operations expected to commence within 12 months.