California municipalities are missing the mark on development agreements.
Development agreements have become a popular tool for California municipalities regulating commercial cannabis activities. We?ve talked a bit about development agreements in the cannabis context
here. In a nutshell, a development agreement is a contract between a municipality and developer that freezes applicable rules, regulations, and policies pertaining to a property at the time of execution. Our California cannabis real estate and land use lawyers have come across quite a few of them lately. Unfortunately, many times local jurisdictions are misusing them at the industry’s expense.
Development agreement laws were ...
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