Cannabis Businesses and New Jersey Real Estate: The Landlord’s Perspective – Part Three: Terminations and Insurance

December 23, 2021
Carmen Andrade
Banking, Finance & Real Estate, Insurance
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by  Carmen Andrade In the last section of the series aimed to help landlords navigate the evolving cannabis landscape, this article focuses on terminations and insurance issues. Lease Terminations When negotiating a termination provision in a lease, both landlords and tenants will want to include specific parameters…

Cannabis Businesses and New Jersey Real Estate: The Landlord’s Perspective – Part One: Retrofitting and Leases

December 10, 2021
Carmen Andrade
Banking, Finance & Real Estate, New Jersey
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by  Carmen Andrade Commercial real estate owners and landlords are faced with the challenge of keeping up with best practices, laws, and regulations regarding leasing space to cannabis-related businesses. This article, the first in a series, aims to help landlords navigate the evolving landscape, focusing first on retrofitting spaces and how to…

Cannabis M&A and Real Estate Transactions: What is a Closing?

By Griffin Thorne, Attorney at Harris Bricken Virtually any time that there are transactions involving cannabis company mergers, cannabis company acquisitions, or cannabis real estate sales, and in many cases involving the sale of assets of a cannabis company, the…

Cost of Compliance Tips to Get a Cannabis Business off the Ground

March 8, 2021
Colton Griffin
Compliance and Regulations, News & Insights
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by Colton Griffin There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative…

Cannabis Real Estate: Cultivating the Right Partner

Over the lifespan of retail-oriented industry in America, real estate has been a make or break factor in the success of many companies. The now legendary former president of McDonald’s Harry Sonneborn once famously told McDonald’s founder Ray Kroc that…

Medical and Recreational Marijuana: An Overview of the Various Issues Involved in Starting and Operating Marijuana Dispensaries Part 4

This article is the fourth part of a six-part series discussing the legal issues, operational challenges, and regulatory hurdles that marijuana-related businesses (MRBs) frequently encounter. Part 1 discussed the various fire, health, and safety risks that MRBs encounter while growing…

5 Key Considerations When Starting Your Cannabusiness

The estimate is staggering: $30,000,000,000. That’s a lot of zeros and a forecast of annual legal cannabis sales by 2025—this as more and more states legalize marijuana for medical or recreational use. No question, the cannabis business is booming, which…

Data Proves Cannabis Dispensaries Increase Property Values

As more states approve medical cannabis and legalize recreational cannabis, the amount of data proving that cannabis dispensaries increase local property values continues to pile up. Numerous studies conducted by researchers, companies, and even real estate associations not only show…

Cannabis Real Estate Evolution: What you need to consider

February 9, 2019
Jacques Santucci
Banking, Finance & Real Estate, Best Practices, Medical Marijuana
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By Jacques Santucci The cannabis industry is evolving rapidly and so is your view of the real-estate market From coast to coast, America’s real estate markets are facing considerable shifts due to the advent of the legal cannabis industry, prompting…

Cannabis Business Owners Find Owning Their Real Estate Is a Prudent Investment

In the unstable and risky marijuana industry anything can happen -- your neighbor could wage a Racketeer Influenced and Corrupt Organizations Act suit against you, your bank can tell you that you need to move your money to another institution,…