The Right Cannabis ETF Can Ease Your Investment Pain fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
ADVERTISEMENT
ADVERTISEMENT
Pot Co. 4Front Signs $52M Lease Deal With REIT
Law360 (March 17, 2021, 2:09 PM EDT) Multistate cannabis company 4Front Ventures has entered into a leasing deal with pot real estate investment trust Innovative Industrial Properties for a cultivation center and manufacturing plant in Illinois, agreeing to rent the property after the firm buys it and puts in $45 million of upgrades.
4Front said Monday it is part of a three-way transaction between the property s owner and the REIT for the facility, which could span up to 588,000 square feet of cultivation and processing when built.
Innovative Industrial Properties has agreed to buy the land where the cultivation center will be built for $6.5 million and then.
cannabis industrey benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
4Front Funds Development of New $51 5 Million Illinois Cannabis Cultivation Facility With Sale-Leaseback – New Cannabis Ventures newcannabisventures.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newcannabisventures.com Daily Mail and Mail on Sunday newspapers.