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OnDemand Course

Marijuana: A Property Manager's and HOA's Nightmare

Know your legal rights and obligations regarding marijuana on your properties.

Marijuana is illegal under federal law yet has been legalized for medicinal or recreational use in a growing number of states. This dichotomy poses a number of challenges in the real estate industry, not least of all for managers of commercial properties and for governing bodies of homeowners' associations. This topic will explore the issues facing managers and HOAs and will provide a framework for advising clients in this rapidly changing environment.

86 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Issues

  • Federal Illegality
  • Nuisance - Other Tenants and Neighbors

Botanical Background

  • The Cannabis Plant
  • Active Compounds
  • Cultivation

Legal Background

  • A Short History
  • Controlled Substances Act
  • Cannabis vs. Hemp

Cannabis Activities

  • Cultivation
  • Storage and Aging
  • Processing
  • Extraction
  • Testing
  • Distribution
    • Transportation
  • Retail Sale

Property Management

  • Role of Property Manager
  • Duties
  • Activities
  • Licensed
    • Sources of Liability
  • Lease Agreements
    • Unlawful Activity vs. a Lawful Purpose
  • Sanctions

Homeowner Associations

  • What Are They?
    • Why You May Need an HOA
  • Formation
  • Typical CC&R Provisions
    • Business
    • Noxious Activities
    • Activities Affecting Insurance
    • Illegal Activity
  • Possible Enforcement
  • Structure
  • Liability for Doing Nothing
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on September 5, 2019.

Call 1-866-352-9540 for further credit information.

  • AK CLE 1.5
     
  • Alaska attorneys may receive 1.5 hours of continuing legal education for completing this program. Please contact the Alaska Bar Association or go to www.alaskabar.org for details regarding reciprocity with other states.
     
  • AL CLE 1.4
     
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.4 hours credit.
     
  • Arizona CLE 1.5
     
  • The Arizona State Bar does not pre-approve or pre-certify MCLE programs. However, records of this program and attendance will be maintained by Lorman Education Services for auditing purposes. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
     
  • CA MCLE 1.5
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • CT CLE 1.0
     
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
     
  • IL CLE 1.25
     
  • This course was approved for a total of 1.25 hours of MCLE Credit by the Illinois MCLE Board.
     
  • NM CLE 1.4
     
  • This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.4 hours of credit.
     
  • NY CLE 1.5 including Areas of Professional Practice 1.5
     
  • This course has been approved in accordance with the requirements of the New York Continuing Legal Education Board for up to a maximum of 1.5 credit hours in the area(s) of Areas of Professional Practice for 1.50 hours. Each hour may be counted only as satisfying one category of credit. Duplicate credit for the same hour of instruction is not permitted. This course qualifies for both established and newly admitted attorneys. Lorman Business Center, LLC. has a financial hardship guideline. Please contact customer service at 1.866.352.9539 for instructions on how to apply.
     
  • PA CLE 1.0
     
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.0 hours of substantive law, practice and procedure CLE credit.
     
  • RI CLE 1.5
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.5 hours of CLE credit.
     
  • VT CLE 1.5
     
  • This self-study program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hour(s) of CLE credit. Please note: Attorneys may only claim 12 credits per compliance period in this format. This course is considered "Non-Moderated Programming without Interactivity".
     
  • WA CLE 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
     
The CLE Code is ONLY a requirement when applying for CLE Credit in New York. Other states do not need to supply the CLE Code to apply for CLE credit.

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

William Gay

William Gay

Wilson, Elser, Moskowitz, Edelman & Dicker LLP

  • Partner with Wilson, Elser, Moskowitz, Edelman & Dicker LLP
  • Admitted to practice in California and Washington
  • Licensed California real estate broker
  • Served on board of HOA
  • Represented securities underwriter in MedMen Canadian merger and offering
  • Represented Mile High Labs in Canadian merger and offering
  • Currently advising numerous clients in California cannabis industry
  • Authored articles on securities offerings by cannabis companies
  • Received the highest rating with Martindale-Hubbell Law Directory
  • Selected by The Best Lawyers in America, 2006-2019
  • J.D. and LL.M. degrees, University of Washington School of Law; M.B.A. degree, Michael G. Foster School of Business, University of Washington
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 406206
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