Don’t Let Your Medical Marijuana Lease Go Up In Smoke. …

medical marijuana lease

medical marijuana leaseBy: Amanda Bhikhari

Imagine running a successful business: inventory is growing and flourishing, staff is happy, operations are smooth, and all of a sudden – a notification arrives that a bank foreclosed on the property the business rents from the landlord, with no advance notice.

In the blink of an eye, the location is gone, the risk of losing of inventory is imminent, and cash flow is impacted during the transition to find another cultivation space. This type of situation can, and has, happened. But what could have been done differently before establishing operations?Continue reading