City of Pontiac Sued By Real Estate Developer Over Medical Cannabis Rules & Regs

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Oakland Press reports

Pontiac is facing a $60 million lawsuit over medical marijuana rules and regulations. It’s the latest setback in the city’s efforts to achieve the mandate from voters five years ago to allow cannabis businesses.

Rubicon Real Estate Holdings and Joseph Brown, of Brown Design Consultants, filed suit in Oakland County 6th circuit court late Monday, naming the city and the city’s clerk, Garland Doyle, as defendants.

In the filing, Rubicon says the city’s delays are to blame for Rubicon’s lender withholding $45 million in loans needed to rehabilitate the long-vacant buildings on seven parcels known as Glenwood Plaza, 7 and 9 Glenwood Ave. in Pontiac.”

On May 21, 2021, Sixth Circuit Judge Yasmine Poles ordered the city to approve all the pending permits related to the Glenwood redevelopment and allow Rubicon and its tenants to move forward. The last line of her opinion notes that the case was not considered closed. Monday’s filing is based on Poles 2021 opinion.

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Press Release March 19, 2020

Funding Secured to Redevelop Vacant Pontiac Property as Cannabis Campus

Titan Funding has secured funding for acquisition of a 327,000-square-foot property to be redeveloped as a Cannabis Campus

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“Redeveloping an area that has sat empty for decades, while also providing new jobs, is a win-win for the town,” says President Edward Piazza.

    BOCA RATON, FL, March 19, 2020 /24-7PressRelease/ — Titan Funding announces it has secured phase one funding on behalf of its client, Rubicon Real Estate Holdings, LLC, for the acquisition of the 327,000-square-foot vacant Glenwood plaza in Pontiac, Michigan. Plans are to redevelop the site as a full-service Cannabis Campus with construction slated to begin in the second quarter of 2020.

Rubicon closed on the property in February with the help of a $5 million loan arranged through Titan Funding. The site will be redeveloped as a Cannabis Campus that will include approximately 266,000 square feet of cultivation space in addition to an 8,000-square-foot retail dispensary and a similar-sized testing and transport facility. Long-term plans for the site also include a large neighborhood grocery store and other retail outlets. The need for a grocery store became evident when talking to local residents and the proposed supermarket will also benefit from the security required for the medical marijuana complex. The anticipated timeline for completion of phase two is three to four years.

The Glenwood Plaza has been vacant for several years and Rubicon’s plans will create as many as 100 jobs, revitalizing the town, with training being offered for new employees. The training course will be free of charge to local residents.

“Here at Titan Funding, we are delighted to have been instrumental in making this exciting new enterprise happen,” says President Edward Piazza. “Redeveloping an area that has sat empty for decades, while also providing new jobs, is a win-win for the town.”

Titan Funding (, is a South Florida-based commercial real estate lending company that focuses on providing bridging loans on financing for multifamily, hospitality, retail and mixed-use projects.

For more information on investing with Titan Funding, or to submit a deal, please contact Edward Piazza at

Press Contact:
Edward Piazza

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