Legal Issues of Leasing to Cannabis Businesses

New cannabis businesses will need to lease commercial space in order to operate — and undoubtedly, many real estate owners are eager to meet this new demand. However, owners and prospective cannabis businesses have many legal issues and questions to consider before entering into lease agreements.

8 minute read September 01, 2021 at 12:05 AM
By
Warren A. Estis and Alexander Lycoyannis
Legal Issues of Leasing to Cannabis Businesses

Adult use of marijuana is, as of this writing, legal in 18 states. In some states, such as New York and New Jersey, recently signed legislation could have marijuana available in businesses as soon as next year.

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