Title Insurance and Closing Considerations for Cannabis Transactions

The collision of state decriminalization of marijuana and the continued prohibition under federal law creates a legal quandary for title insurance similar to that experienced in the banking industry. The rapidly evolving landscape of legal marijuana has created an emerging market for the production, distribution, and sale of marijuana. The influx of dispensaries and growers acquiring and leasing agricultural and commercial properties has not only led to increased requests for title insurance, but guidance on leases concerning marijuana-related businesses. In this webinar, we will discuss available title insurance options for those in the cannabis space. We will also explore issues that should be addressed in marijuana-related leases, including revising “standard” provisions pertaining to prohibited use restrictions, zoning laws and regulations, security, utilities, and access.