TAYO Scouts Potential Real Estate Deals as the Next Wave of Cannabis Legalization Nears

Taylor Consulting, Inc. (OTCBB: TAYO) and its real estate division, Third Avenue Development, are already pursuing promising new real estate opportunities in the states most likely to enact new laws in the next wave of cannabis legalization in the U.S., the company announced today.

By forecasting which states and cities will soon join the vanguard of legalization, TAYO plans to make smart acquisitions of warehouse space and commercial properties before demand from the nascent cannabis industry sends property values skyrocketing.

“We’ve already seen warehouse lease values triple in markets such as Denver as the cannabis industry snaps up all of the available space,” said TAYO CEO Scott Wheeler. “Industrial real estate in places like Vermont, Massachusetts and Nevada is going to be in extremely high demand if and when those states opt to legalize adult-use cannabis—and we believe that will happen very soon.“

“We plan to be ready when it does,” he added.

Rather than targeting properties in markets where the cannabis industry is already established, TAYO is focusing on states where criteria such as existing decriminalization of cannabis and medical cannabis clinics make legalization an easier and more natural progression. Eventually, the company plans to expand its portfolio to include potential cannabis properties across the continent. For more information on TAYO and its real estate division, Third Avenue Development, please 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151020005681/en/