The Risks of Clouded Property Title for Cannabis Business Owners, Investors, and Creditors

O'Connor, Sean M. & Liu, Jason

Journal: Texas A&M Journal of Property Law

Volume: 3

First Page: 67

Year: 2016

Bluebook Citation: 3 TEX. A & M J. PROP. L. 67 (2016)

Author: Sean M. O'Connor: all 11 publications


Abstract

This Article provides a brief primer on the surprising range of assets that the CSA forfeiture provisions govern for the state-legal cannabis businesses. It outlines these provisions for tangible as well as intangible property, with an emphasis on risks to state-legal cannabis businesses’ intellectual property and issued securities. We argue that these forfeiture risks create clouded title for all subject tangible and intangible property—not only for the state-legal businesses and their proprietors, but also for those businesses’ outside investors, creditors, and suppliers/contractors.

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