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Expert Analysis

How Calif. Cannabis Rules Will Impact Investors And Lenders

By Kevin Kim, Olivia Durnell, Kevin Homrighausen and Victoria Wyatt (February 13, 2019, 3:34 PM EST) -- As of Jan. 16, 2019, as part of the new Medicinal and Adult-Use Cannabis Regulation and Safety Act, three corresponding agencies — the California Department of Food and Agriculture, the California Department of Public Health and the Bureau of Cannabis Control enacted complete, nonemergency regulations to govern the California recreational cannabis industry. These new regulations will require lenders, investors and commercial landlords to disclose certain information on commercial cannabis business, or CCB, license applications depending on how they transact with the CCB....

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