Saturday, 20 April 2019

Risky business: Marijuana dispensaries present high risk, high reward for landlords, brokers say

Landlords who rake in rents from medical marijuana dispensaries may put their commercial bank accounts and title insurance at risk, according to cannabis real estate experts. Meanwhile, cannabis retailers are baking early termination clauses into leases in the event municipalities deny permits to open dispensaries. Dan Deitz, manager of real estate acquisitions for GrowHealthy, a Florida medical marijuana company founded in 2014, said his firm retained SRS Realty Advisors, a commercial brokerage based in Orlando, […]



source https://therealdeal.com/miami/2019/04/19/risky-business-marijuana-dispensaries-present-high-risk-high-reward-for-landlords-panelists-say/#new_tab

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