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Greenhouse Lease Agreement

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Greenhouse Lease Agreement - attorney-drafted template. Party names and deal-specific details have been replaced with neutral placeholders. Review before use.

GREENHOUSE LEASE AGREEMENT

This Greenhouse Lease Agreement (“Lease”) is entered into and is made effective as of the ____ day of ____________ [YEAR] (the “Effective Date”) by and between _____________ (the “Landlord”), whose mailing address is: ____________________________________ and [COMPANY] whose mailing address is ______________________(the “Tenant”), who for the consideration of their mutual promises herein agree as follows:

RECITALS

Landlord is the tenant of the owner (the “Owner”) of the certain real property located at_____________________________________ (the “Premises”). The Premises are identified on the map attached hereto as Exhibit A and incorporated by reference herein. The property includes ___________ square feet of greenhouses, of which Tenant intends to lease from Landlord that certain portion or greenhouse identified on the attached Exhibit B.

Tenant shall have the exclusive right to cultivate cannabis within the greenhouse structure identified on Exhibit B as Unit ___________ (the “Greenhouse Unit”). The Greenhouse Unit remaining on Exhibit A shall remain in the possession of Landlord and Landlord is wholly responsible, therefore.

Tenant intends to cultivate and process cannabis on the Premises and specifically within the Greenhouse Unit, and to process and manufacture cannabis-related products, in full compliance with applicable state law, and in accordance with the standards, policies, and implementation procedures reasonably established by Landlord and provided to Tenant prior to commencement of the tenancy contemplated hereunder, as partially enumerated herein, but as reasonably developed from time to time for the purposes of maintaining a high quality level farm, security, health and safety standards, and as close to (if not meeting or exceeding) organic standards as possible.

Tenant shall be responsible for obtaining all required commercial cannabis business licenses shall be the sole responsibility of Tenant as applicable. Landlord agrees, through Owner, to obtain the use permit entitlement through the [COMPANY]. If Tenant is unable to procure specifically manufacturing permitting and licensing under local or State law, this shall not affect the enforceability of this Agreement, whereas, if Tenant is unable to procure specifically cannabis permitting and licensing under local or State law, this shall affect the enforceability of this Agreement as provided herein (e.g., Sections 21, 22.2, et. seq).

Lease. Landlord leases to Tenant, and Tenant leases from Landlord the Tenant Greenhouse Units on the Premises in accordance with the terms and conditions of this Lease. Further, Landlord agrees that Tenant may at its election sublease to the [STATE] cannabis collective operating as [COMPANY]in accordance with the terms of Section 1.1.1 of this Agreement, as Lease Terms, not mere recitals.

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Greenhouse Lease Agreement

Lease Agreements -- US - General