Episode 7 - Marijuana Leasing

Marijuana leasing presents a series of unusual challenges for the real estate lawyer. How do you handle a business that is selling a substance that is legal under state law, but not federal law? How do you respond to a tenant that wants to pay rent with a grocery bag full of cash since its use of the banking system is severely restricted? What are the unique concerns in a lease involving marijuana and how do you deal with the difference between a wholesale/grower’s leases and a retail lease? Please join ACREL Fellows David Camp and Jack Fersko as they discuss Jack’s experience with representing parties on both sides of these transactions and what he’s learned from writing extensively on this topic.