Can't Pay Your Rent? How to work with your cannabis landlord during coronavirus?

Forgot about your lease terms and eviction clauses when you signed your lease over a year ago? Don't worry most of us forget about all the terms and conditions we cover in a typical lease. Aviva Spectrum specializes in offering CFO and accounting advice for cannabis companies and some are hit hard because of the recent Coronavirus Outbreak. Even though the President just signed a 2 Trillion Dollar relief package today on March 27th, 2020. NONE of those dollars cover cannabis companies! In our local city in Los Angeles, Mayor Garcetti, orders a moratorium on evictions and yes, this includes cannabis companies.

In this episode, I'm going to offer free and clear advise on how to:

1. When and how to give your landlord a good heads-up?
2. How to determine if you should pause payments for a month or two?
3. Determine if you can give them a later due date to better coincide with your customer payments?
4. What to look for in your tenant lease to find out what remedies your landlord can take.

We'll cover what you can do today to find out your free cashflow and when things become too tight!

Aviva Spectrum offers a cashflow analysis and we'll share what's covered to help all cannabis companies to determine what they should do in this new Coronavirus outbreak. Want a free cash flow analysis then email us at: info@avivaspectrum.com.