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Real Property Forfeiture For Marijuana Tenants: Your Marijuana Leasehold Is Key

Real Property Forfeiture For Marijuana Tenants: Your Marijuana Leasehold Is Key

By Hilary Bricken on September 15, 2014

Why do commercial landlords still hesitate to rent to marijuana businesses? In addition to the remote possibility of a landlord getting arrested and prosecuted by the U.S. Department of Justice (DOJ) for violating the Federal Controlled Substances Act, landlords face the very real threat of losing their property via a civil asset forfeiture. The federal government can and does sometimes seize property used for cultivating, manufacturing, or selling marijuana. In recent years, the Federal Government has netted at least one billion dollars from seizing personal and real property used for to manufacture or distribute Federally illegal drugs, including marijuana in states where marijuana is legal. Whether you are a commercial landlord or a marijuana business tenant, you need to know what you can do to help fend off Federal intervention, including asset forfeiture.

http://www.cannalawblog.com/asset-forfeiture-why-your-marijuana-leasehold-is-key/






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