This paper discusses the implications of legalizing recreational cannabis on the commercial real estate industry. It includes considerations for cannabis retailers in leases, and highlights legislative and regulatory requirements with respect to cannabis retail space. It also provides tips for tenants to employ in offers to lease and negotiations.

This paper is part of a collection presented at LESA’s Legalization of Marijuana program in Edmonton on May 17, 2018 and in Calgary on May 24, 2018.