TAYO: Nation’s Fastest-Growing Industry Hampered by Real Estate Squeeze

HOUSTON--()--Working to capitalize on the phenomenal rise of the fastest-growing industry in the United States, Taylor Consulting, Inc. (OTCBB: TAYO) and its real estate division, Third Avenue Development, will begin exploring new opportunities in commercial cannabis real estate.

Industry experts ArcView Market Research announced Monday that the U.S. market for legal cannabis grew 74 percent last year to a value of $2.7 billion, up from $1.5 billion in 2013. If trends continue, ArcView forecasts that 14 more states will allow adult-use cannabis over the next five years.

The rapid growth in demand for legal cannabis in new markets such as Washington and Alaska has already jump-started a modern-day land grab in states like Oregon for agricultural, warehouse and retail space. The boom in interest has generated an unprecedented opportunity for real estate portfolio managers such as Third Avenue Development.

“In the course of our nationwide research, we quickly identified a major shortage in commercial real estate available to this industry,” said TAYO CEO Scott Wheeler. “Investment dollars are flowing into the cannabis industry. By adding suitable agricultural and retail properties to our portfolio, we plan to give our investors access to a piece of that growth without having to purchase any property themselves. We’ll primarily scout properties in regulated cannabis zones that are primed for redevelopment and resale.”

Third Avenue Development, a premier hybrid real estate investment and development company, is building an emerging portfolio of real estate assets for investment, rehabilitation and resale. The company is focused on acquiring properties in the country’s top-performing housing and real estate markets in order to capitalize on the continued recovery and growth of the U.S. real estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.

About Taylor Consulting Inc.

Taylor Consulting, Inc. (TAYO) recently created Third Avenue Development, LLC as a new division whose primary goal is to invest in promising real estate assets to compete alongside American Homes 4 Rent (NYSE: AMH), Silver Bay Realty Trust Corp. (NYSE: SBY), Equity Residential (NYSE: EQR), Essex Property Trust Inc. (NYSE: ESS) and others.

Third Avenue Development, a premier hybrid real estate investment and development company, is building an emerging portfolio of real estate assets for investment, rehabilitation and resale. The company is focused on acquiring properties in the country’s top-performing housing markets in order to capitalize on the continued recovery and growth of the U.S. real estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contacts

Taylor Consulting, Inc.
Scott Wheeler, 713-840-6099
President and CEO
info@tadcorp.com

Release Summary

TAYO: Nation’s Fastest-Growing Industry Hampered by Real Estate Squeeze

Contacts

Taylor Consulting, Inc.
Scott Wheeler, 713-840-6099
President and CEO
info@tadcorp.com