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The Commercial Association of REALTORS Wisconsin

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Lunch & Learn Recap | Up in Smoke

March 11, 2020 by Tracy Johnson

On Monday, March 2nd CARW welcomed Trista Curzydlo, an expert on the legal side of the cannabis industry.  Those in the real estate industry have a lot to consider when thinking about getting involved in a cannabis-related deal.

Key takeaways from the event include:

  • It is still ILLEGAL! Regardless of decriminalization in certain states, marijuana is still illegal at the Federal level.
  • When you start working with cannabis industry clients surround yourself with competent cannabis legal counsel!  This is a different animal than anything you’ve ever dealt with!
  • You do not have to accept every client. If you are not comfortable, do not take it on!
  • Develop a great relationship with your banker. The cannabis industry is largely a cash industry.  The bank needs to be prepared and understand what you are doing when navigating the financing waters.
  • Have a healthy appetite for risk.

You can find a full copy of the presentation here.  To watch the entire video presentation, click here.

Filed Under: Networking, Education, Uncategorized

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