Rescheduling Cannabis from Schedule I to Schedule III: Many Barriers Remain for Real Estate Loans Secured by Cannabis-Related Property

5 months ago

September 23, 2024 Authors: Adrian E. Ciacci At a Glance The rescheduling would allow cannabis-related businesses to take business tax deductions, provide greater access to bankruptcy courts, and create more certainty with respect to how federal courts enforce agreements covering cannabis growing and distribution. However, even if cannabis is rescheduled, significant barriers for real estate lenders […]