Marijuana multistate operator 4Front Ventures entered into definitive agreements to finance the construction of a massive $51.5 million cultivation and processing facility in Illinois through a sale-leaseback arrangement. The agreements call for San Di…
innovative industrial properties
Harvest closes $34.6M Florida sale-leaseback deal with marijuana REIT
Multistate marijuana operator Harvest Health & Recreation on Monday closed a sale-leaseback transaction, selling a cultivation and processing facility in Alachua, Florida, to Innovative Industrial Properties for $23.8 million. Harvest anticipates a…
Cannabis MSO 4Front nets $33 million from sale-leaseback deal
Cannabis multistate operator 4Front Ventures said it has completed a sale-leaseback of cultivation and production facilities in Massachusetts and Washington state, generating $33 million to pay down debt and for general purposes. The deal is just the l…
Group inks $182.8M of cannabis deals in bid to become publicly traded REIT
A New York-based limited partnership said it has entered binding agreements to acquire 15 marijuana-related properties in nine states for $182.8 million with the intention of becoming a leader in the cannabis real estate investment trust (REIT) sector….
Green Thumb’s sale-leaseback cannabis deal in Ohio valued at $32.2M
Marijuana multistate operator Green Thumb Industries announced an amended sale-leaseback deal valued at up to $32.2 million for a facility in Ohio, reflecting a further loosening of capital – especially for expansion in fast-growing markets. The …