Cannabeta Realty

What Cannabeta Realty does

Cannabeta Realty is a privately held, cannabis-dedicated commercial real estate brokerage and advisory firm founded in 2021 by Matte Namer following the legalization of adult-use cannabis in New York, New Jersey, and Connecticut. The firm operates from Manhattan (15 W 18th St) and Ithaca, NY, and holds real estate brokerage licensing across NY, NJ, CT, and MD. Its client base is composed of cannabis operators and adjacent service providers — primarily dispensary and retail operators, cultivation and industrial tenants, property owners with cannabis-compliant sites, and financial/investor clients seeking advisory support in the space.

The firm's core product is a proprietary listings database of hundreds of retail and industrial properties across NY, NJ, CT, and MD where landlords accept cannabis tenants and properties pass regulatory proximity checks (e.g., 200' from churches, 500' from schools). It is not a software platform; the database is a relationship- and broker-curated asset rather than a disclosed technology product. Around this asset, Cannabeta delivers full-service brokerage and advisory: site identification, demographic and zoning analysis, lease/sale negotiation, cultivation site selection (including power, utility, cap-ex, and sustainability assessments), pre-licensing revenue strategies (short-term rentals, pop-ups), and licensing support via an in-house production and community outreach team.

Cannabeta is compensated via traditional real estate brokerage commissions on transactions — both sales and leases — for cannabis retail, cultivation, manufacturing, lab/testing, greenhouse, and farmland assets. Distribution is sales-led and direct: the firm deploys a small team of licensed brokers (including President Devon Binns, VP Daniel Kahn, Director Sheldon Williamson, and others) and was extended in 2021–2022 via a strategic alliance with Rubin Capital Corp., which contributed M&A and capital markets advisory capability. Reported deal volume includes over $65MM in cannabis transactions in the trailing year, encompassing ten NJ retail locations and one Manhattan site, plus a previously noted $42.5MM Long Island greenhouse sale to Columbia Care. Marketing is concentrated in earned media (Village Voice, NY Daily News, Marijuana Venture, CannabisNow, etc.), LinkedIn/Instagram, podcast appearances, and industry conferences.

Name

Cannabeta Realty

Legal name

Cannabeta Realty

Website

https://cannabeta.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Cannabeta Realty is a cannabis-dedicated commercial real estate brokerage and advisory firm serving dispensaries, cultivators, and ancillary cannabis operators across NY, NJ, CT, and MD with a proprietary listings database and full-service brokerage.

Ownership category

akta.pro rank

Product category

Cannabis-focused Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

akta.pro secondary industry

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Cannabis real estate brokerage
• Commercial real estate advisory
• Dispensary property services
• Cannabis cultivation real estate
• Cannabis property listings

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Real Estate Brokerage Commissions: Traditional real estate brokerage model earning commissions on property sales and leases for cannabis businesses. Transactions include retail dispensary locations, cultivation facilities, and industrial properties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Cannabeta Realty is a dedicated cannabis-focused real estate brokerage and advisory firm. It brokers sales and leases of retail, cultivation, industrial, and ancillary cannabis properties across NY, NJ, CT, and MD, drawing on a proprietary listings database of cannabis-compliant sites. The firm also provides licensing support including proximity compliance checks, demographic analysis, and pre-license short-term rental and pop-up strategies.

Product overview

Cannabeta Realty is a cannabis-focused real estate brokerage and advisory firm offering a suite of interconnected services. The core offering consists of a proprietary listings database of hundreds of retail and industrial properties across New York, New Jersey, Connecticut, and Maryland, combined with full-service brokerage for dispensaries, cultivation sites, and ancillary cannabis businesses. Services span the entire real estate transaction lifecycle from site identification through licensing support, with specialized expertise in navigating the complex state-by-state cannabis regulations, municipal zoning requirements, and licensing processes.

Differentiator

Problem solved

Functional benefit

Products and services

• Cannabis Dispensary Real Estate Services Full-service brokerage and advisory for cannabis dispensaries and social establishments in NY and NJ markets. Includes access to a proprietary database of retail locations, proximity compliance checks (200 ft from churches, 500 ft from schools), short-term rentals and pop-ups for pre-license revenue, and in-house production and community outreach for licensing support. Targeted at cannabis dispensary operators entering the NYC market.
• Cannabis Cultivation Real Estate Services Database of industrial properties across NY, NJ, and CT markets suitable for cannabis cultivation. Services include assessment of timing, power needs, cap-ex, utility connections, sustainability, local politics, zoning, and overall economics. Targeted at growers and multi-state operators seeking industrial cultivation sites.
• Other Cannabis Business Real Estate Services Real estate services for cannabis lab testing, processing, manufacturing, greenhouses, farmland, medical dispensaries, Long Island and Upstate retail, and other cannabis-related real estate needs. Targeted at cannabis support and ancillary business operators requiring specialized property solutions.
• Cannabis Property Listings Database Proprietary listings database of retail and industrial properties across NY, NJ, and CT where landlords accept cannabis businesses and pass proximity compliance checks. Targeted at cannabis operators and licensed brokers seeking vetted, cannabis-zoned real estate opportunities.

Quantifiable outcome

• Over $1 billion in non-cannabis real estate transactions experience among team members
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Rubin Capital CorpcoreStrategic or Co-development Partner · 1 January 2022Strategic alliance formed to provide comprehensive real estate brokerage and financial advisory services to the cannabis sector. Mark Rubin, President of Rubin Capital Corp, brings over 30 years of complex financial advisory and capital markets expertise including dual-focus in cannabis sector and real estate markets. The partnership combines Cannabeta's real estate brokerage expertise with Rubin Capital's financial advisory capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Marcus & Millichap: National commercial real estate investment sales and financing firm with a dedicated specialty practice that has executed cannabis-related transactions. Comparable as a competing brokerage capable of handling cannabis retail and cultivation property deals, but operating as a broad incumbent rather than a cannabis specialist.
• CBRE Group: World's largest commercial real estate services firm offering brokerage, advisory, and property management. Has executed cannabis-related mandates and represents the type of broad incumbent that could scale a dedicated cannabis practice if sector economics warrant.
• Newmark Group: Commercial real estate advisory and services firm with a capital markets practice that has handled cannabis transactions. Comparable as a full-service CRE firm that competes for cannabis retail and cultivation mandates through its investment sales and leasing teams.
• JLL: Global commercial real estate services firm offering brokerage, advisory, and consulting. Has engaged with cannabis clients and represents a broad incumbent competitor that could win cannabis real estate mandates as the sector matures.
• Colliers International: Global commercial real estate services and investment management firm with broker-led service lines in retail, industrial, and investment sales. Comparable as a competing CRE brokerage capable of serving cannabis operators and landlords.
• Lee & Associates: Mid-sized commercial real estate brokerage with strong retail and industrial coverage in the Northeast US. Comparable as a regional CRE firm whose brokers can compete for cannabis tenant representation and landlord mandates.
• SVN International: Commercial real estate brokerage with a national network of advisors, including specialty practices in cannabis-related property sales. Comparable as a brokerage capable of handling cannabis retail, cultivation, and industrial mandates.

Emerging players

• Poseidon Asset Management: Cannabis-focused investment and advisory firm providing capital markets, M&A, and strategic advisory to operators. Comparable to Cannabeta's Rubin Capital alliance in that it bundles finance and real estate advisory, though oriented more toward the operator/investor side.

Regional players

• MJ Holdings: Cannabis-focused real estate holding and management company primarily operating in Nevada. Comparable as a niche firm that combines real estate expertise with cannabis industry focus, though its model is direct ownership rather than brokerage.

Others

• Acreage Holdings: Multi-state cannabis operator with a large owned real estate portfolio requiring extensive brokerage support. Comparable as an enterprise client-side buyer/tenant that Cannabeta targets, representing both a customer reference and an indicator of MSO real estate needs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cannabeta-realty
• Instagraminstagram.com/cannabetarealty

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cannabeta Realty