
Glossary of Terms
Term Acronym Definition 1031 Exchange 1031 A U.S. tax provision that may allow deferral of certain capital gains by exchanging

Term Acronym Definition 1031 Exchange 1031 A U.S. tax provision that may allow deferral of certain capital gains by exchanging

Executive Summary (TL;DR) Table of Contents Why above-market cannabis rents matter in 2026 In early market cycles, operators tolerated above-market

Executive Summary (TL;DR) Table of Contents Mechanics: What a Sale-Leaseback Actually Is A sale-leaseback is a paired transaction: In practice,

Executive Summary (TL;DR) Table of Contents Banking readiness in cannabis: why it matters now In regulated cannabis, cash-handling is not

Executive Summary (TL;DR) Table of Contents Context: why distressed cannabis real estate is showing up Distress in cannabis is rarely

Executive Summary (TL;DR) Table of Contents Context: why workouts matter in cannabis real estate now Cannabis properties fail differently than

Executive Summary (TL;DR) Table of Contents Why claims and loss control matter right now in cannabis Cannabis and hemp operators

Executive Summary (TL;DR) Table of Contents Power planning in cultivation: why it matters now Cultivation is a utility-intensive business. Even

Executive Summary (TL;DR) Table of Contents Why this matters now (and why it’s not just an engineering detail) In cannabis

Executive Summary (TL;DR) Table of Contents Context: why cannabis closings stall Cannabis business sales don’t usually fail because a buyer

Executive Summary (TL;DR) Table of Contents Valuation context: why it matters now Manufacturing and brand businesses sit at the intersection

Executive Summary (TL;DR) Table of Contents Why environmental diligence matters right now (cannabis + real estate realities) Cannabis and hemp

Executive Summary (TL;DR) Table of Contents Why NNN Matters in Cannabis Right Now Triple-net (NNN) leases are common in commercial

Executive Summary (TL;DR) Table of Contents Why pricing cannabis property is different than “normal” industrial comps Cannabis-use real estate sits

Executive Summary (TL;DR) Table of Contents Why 2026 matters for licensing + cannabis real estate “New licensing” isn’t just a

Executive Summary (TL;DR) Table of Contents Ohio adult-use rollout: what changed and why it matters Ohio’s adult-use framework matters to

Executive Summary (TL;DR) Table of Contents Arizona context: why Phoenix vs. rural matters now In Arizona, the same transaction can

Executive Summary (TL;DR) Table of Contents What a compliance matrix is (and isn’t) A compliance matrix is a structured, location-by-location

Executive Summary (TL;DR) Table of Contents Context: why Michigan’s municipal caps shape the market Michigan’s regulated cannabis market is unusual

Executive Summary (TL;DR) Table of Contents Why “green zones” matter in New Jersey right now New Jersey is one of

Executive Summary (TL;DR) Table of Contents Why NY retail siting matters right now New York’s adult-use rollout created a market

Executive Summary (TL;DR) Table of Contents Context: why Illinois “two-speed” real estate matters now Illinois is a mature, tightly regulated

Executive Summary (TL;DR) Table of Contents New Mexico cannabis real estate: border dynamics and why the mix matters New Mexico

Executive Summary (TL;DR) Table of Contents Oklahoma cannabis real estate: what’s changing and why Oklahoma built one of the most

Executive Summary (TL;DR) Table of Contents Executive context: why location details matter in San Diego San Diego is a market

Executive Summary (TL;DR) Table of Contents Connecticut inline retail: why it matters now Connecticut’s adult-use market is real—but real estate

Executive Summary (TL;DR) Table of Contents Sacramento industrial stock: why it matters now Sacramento sits in a practical sweet spot

Executive Summary (TL;DR) Table of Contents How to interpret “likely” in cannabis law changes “Likely” is a dangerous word in

Executive Summary (TL;DR) In the meantime, if you’re evaluating operators, leases, or acquisitions, you can compare opportunities and diligence payment-readiness

Executive Summary (TL;DR) Table of Contents New Mexico cannabis laws and licensing at a glance Primary keyword: New Mexico cannabis