SmartCannabisConstruction | SmartCannabisDesign | SmartCannabisBuildout
WARNING CANNABIS TENANTS & LANDLORDS: Before you design and build-out your Cannabis Retail or Industrial site, hire us to consult you on smart designs in the cannabis industry. You should be aware that there are strict Federal and California conflicts in law and taxation. IRC 280E restricts or prohibits expenses or deductions. Knowing how to classify 1245 and 1250 Property is required before approving a design. What to do? Well, we can show you how to comply with all laws, without dangerous and risky workarounds. There are ways to stay lawful and legal and realize tax benefits as a Landlord and or a Tenant. Call 1-877-946-4968 or Email for more information.
You’re Begging to be Sued! … If You Sign That Commercial Cannabis Lease Without Using the Smart Cannabis Addendum & Waiver! Click for Full Article
For more TaxSmartConstruction information, enjoy my Article TAX-FAVORED CONSTRUCTION
News 2018 New California Laws:
New Cannabis Laws Make Cannabis Businesses Legal: The new California laws made medical and recreational marijuana use legal, effective January 1, 2018. That’s what Cannabis Tenants have been waiting for. Cannabis Tenants need to lease a commercial location before applying for the new licenses available in California. Tenants are now rushing to sign commercial leases. Tenants have two choices: Go to the very best commercial brokers or just wing-it! The best commercial brokers will find you the best property available on the market and they will also advise Tenants to (a) not use a dual-broker arrangement [(See, e.g., Vice v. Thacker (1947) 30 Cal.2d 84, 90 [[W]here an agent has assumed to act in a double capacity, a principal who has no knowledge of such dual representation . . . may void the transaction.]) and (b) to hire a commercial lease attorney to safeguard them in this new and risky Cannabis business.
New Industry Risks: New industries require new laws and new relationships which often conflict. At this time, the Federal government and the state governments (“California”) are in a state of confliction, and during such periods, it is advisable to take every precaution to avoid the pitfalls of conflicting law and the lack of safe harbor best practices. In this environment, the best commercial real estate brokers understand the inherent risks to them and their clients, and advise their clients to hire an attorney to ensure that the transaction is made knowingly as safe as possible for the client’s interests.
Smart Cannabis Addendum: But what can an attorney do to protect interests which conflict with the federal government? An attorney along with the help of a commercial real estate broker can fashion an Addendum which establishes the lawful and factual foundation upon which a client may legally enter the lease safely, and in cases of the tenant who is a prospective Cannabis licensee, ensure that the terms and conditions do not violate the vast new Cannabis licensing regulations proposed November 17, 2017 and Cannabis tax regulations proposed November 19, 2017.
CLICK HERE FOR NEW 2017-2018 ATTORNEY COMMERCIAL LEASE ARTICLE:
Don’t Sign That Commercial Cannabis Lease Without Using the
RydstromLaw - Smart Cannabis Addendum!
Only Work with the Best Real Estate Brokers
By Richard Ivar Rydstrom, California Attorney at Law, J.D. Law, Bachelor of Science in Public Accounting;
Over 27 Years Transactions, Asset Protection, Business & Real Estate Litigation
Serving Newport Beach, San Diego, Los Angeles, Silicon Valley
1-877-Win-4-You | www.rydstromlaw.com
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California Attorney at Law
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Richard Ivar Rydstrom
4695 MacArthur Court,11th Floor,
Newport Beach, Ca 92660
Call us at 877-Win-4-You
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