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Your Guide to Cannabis Real Estate, 280E, and Entities

Real-Estate as it Pertains to Obtaining a Cannabis License

Did you know that finding a location and going through the permitting process is one of the first things that Cannabis licensing authorities are asking for from applicants? One of the greatest challenges that Cannabis business owners face is finding a place to operate. Just because Cannabis is legal doesn’t mean that local authorities will allow operators in their jurisdiction. Then there’s zoning and dealing with the community at large to approve an incoming Cannabis business.

Keep in mind, finding an approved location happens before there is any guarantee of a license, so there is a huge amount of liability and financial entanglement involved early on. And since the licensing process can be a huge game of hurry-up-and-wait, having a strategy and utilizing an accountant that understands how 280E effects real estate, how to prepare and maintain your financials for the licensing process, and how to properly...

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