Course Description
Cannabis legalization created a unique situation where a business was permitted to exist, but the services or products that the business would provide were not permitted. The most notable of these disparities was in banking. Cannabis tenants, landlords and business affiliates continue to struggle when applying for bank accounts, loans, and insurance. For some states these services remain almost non-existent. How do you underwrite a vacant building that allows for cannabis tenants without understanding the lending options and requirements a buyer will be navigating?
Learning objectives:
- Understand the lending market for buildings with cannabis tenants
- Interpret banking requirements for cannabis related tenants and landlords
- Discern changes in legislation and lending and its impact on the value of real estate zoned to allow cannabis
- Learn the differences between underwriting proformas for cannabis tenants vs. traditional tenants
In Partnership with IREM Greater Denver and the National Real Estate & Cannabis Summit
Review our course policies and procedures page for further information