The cannabis industry can be a minefield of potential legal, tax, and licensing issues. In particular, cannabis lease agreements can be a hotbed of hidden problems. Many operators have been forced out of business altogether over a dispute with their landlord over an actual or purported lease violation.
Some of the most common — and seemingly innocuous — provisions in a standard lease agreement can be problematic for cannabis tenants and landlords because cannabis commercial space leases are inherently complex. A template pulled off the internet will never achieve the appropriate levels of protection for either side.
Cara Thornton shares the top eight potential cannabis leasing problems in this article – and their solutions.