CT investor strikes two-state facilities deal with cannabis operator
Share Connecticut-based cannabis logistics investor NewLake Capital Partners has acquired two new industrial facilities and signed a NNN lease deal with medical marijuana dispenser, The Mint. NewLake has acquired a 40,000 s/f industrial property in Palmer, Massachusetts, which The Mint, a multi-state cannabis operator based in Tempe, Arizona, will operate a as a licensed cultivation and processing facility. NewLake and The Mint have also entered into a definitive agreement to purchase a property in Phoenix, Arizona for the build-out of a 125,000 s/f cultivation and processing facility. T...
Source: rew-online.com