Alaska marijuana board proposes ban on certain rent deals

Alaska marijuana regulators have proposed barring marijuana businesses from giving landlords a cut of their sales revenue in lieu of rent, overriding objections from MJ industry officials. In a 3-2 vote last week, the Alaska Marijuana Control Office (AMCO) cited concerns that the practice would give non-marijuana business license holders – the landlords – the power to “exert influence” over MJ firms, the Alaska Journal of Commerce reported. The proposal now goes out for a 30-day public comment period. The board will resume debate on the issue at its Sept. 14-15 meeting. Cannabis industry representatives argued the proposed rule ... Alaska marijuana board proposes ban on certain rent deals is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Alaska marijuana board proposes ban on certain rent deals

Alaska marijuana regulators have proposed barring marijuana businesses from giving landlords a cut of their sales revenue in lieu of rent, overriding objections from MJ industry officials. In a 3-2 vote last week, the Alaska Marijuana Control Office (AMCO) cited concerns that the practice would give non-marijuana business license holders – the landlords – the power to “exert influence” over MJ firms, the Alaska Journal of Commerce reported. The proposal now goes out for a 30-day public comment period. The board will resume debate on the issue at its Sept. 14-15 meeting. Cannabis industry representatives argued the proposed rule ... Alaska marijuana board proposes ban on certain rent deals is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs