310 Highway 2 East – Devils Lake, ND
The property located at 310 Highway 2 East in Devils Lake is a medical marijuana store operated by Grassroots Cannabis and selling under the brand name Herbology. The cannabis dispensary is one of the most popular in North Dakota, sitting close to the heart of Devils Lake on US-2 East and just a few blocks from College Drive South. The marijuana retail property is near Roosevelt Park, Ruger Park, the Devils Lake Amtrak Station, and, of course, Devils Lake. The lake itself is famous for being the largest natural body of water in North Dakota, and the city of Devils Lake is known as a desirable destination for fishing, hunting, and other outdoor activities.
The Herbology medical marijuana store at 310 US-2 sits in a building measuring at 4,500 square feet. The building was recently renovated to upgrade the interior into a modern space that showcases the dispensary’s high-quality medical marijuana products (flowers, concentrates, tinctures, and topicals) and that allows for one-on-one patient consultations.
Scythian Real Estate acquired the Devils Lake property, along with another North Dakota cannabis asset, from Grassroots Cannabis in May 2020. The terms of the sale-leaseback transaction called for Scythian to then lease back the Devils Lake medical marijuana dispensary to Grassroots Cannabis for continued operation under the name Herbology.