In Real Estate NJ, partners Matthew J. Platkin and Peter Slocum discuss how the New Jersey real estate sector should prepare for legal recreational marijuana, noting that “the market for real estate will be fierce when recreational use comes online … particularly … in urban communities, where drug-free school zones greatly limit the options for dispensary locations.” Based on their experience representing medical cannabis clients, they caution landlords and tenants against signing leases too quickly, and they warn about “new requirements that are sure to be imposed by municipalities, including potential ‘host community’ fees levied as a condition of local approval.”