Cannabeta Realty

Cannabeta Realty is a real estate brokerage and advisory firm dedicated to the cannabis industry, with offices on West 18th Street in Manhattan and East State Street in Ithaca, New York. It says it is licensed in New York, New Jersey, Connecticut and Maryland, and its brokerage of record is Green Pond Real Estate. Matte Namer is founder and chief executive, Devon Binns is president of real estate, and Daniel Kahn, vice president, works the New Jersey market. The about page reports more than 1.4 million square feet of cultivation space leased or sold, ten retail locations in New Jersey and one in central Manhattan, and over $65 million in transactions in the prior year.

For dispensaries in New York City, Cannabeta keeps a database of retail spaces where landlords will accept cannabis use and that pass its proximity checks, and negotiates the lease. In New Jersey it tracks each municipality's opt-in status and weighs car counts, foot traffic, competing stores and floor plans. For growers it keeps a database of industrial sites in New York, New Jersey and Connecticut, judged on power, utilities, capital spending and local zoning, and can help arrange financing or partners. Its listings have included Cinnaminson, New Jersey cultivation parcels with municipal license and zoning pre-approval, and licensed dispensary sites in Connecticut.

Clients reach the team through the contact page or the agents named on each listing; the firm does not publish commission rates. A strategic alliance with Rubin Capital Corp. adds financial advisory, capital raising and M&A work for cannabis companies. Cannabeta says it donates 10 percent of profits to drug-policy and justice causes. The site footer carries a 2022 copyright and the transaction figures are undated, so buyers should ask for recent closed deals. Its coverage is limited to the four states where it holds licenses.