Weed REIT Grows $141 Million Fund

August 23, 2019

GreenAcreage Real Estate will provide capital to fire up sale-leaseback and build-to-suit transactions in the regulated cannabis industry, according to a blog post today by Erika Morphy on GlobeSt.com.

 

This REIT has formed a relationship with Acreage Holdings, one of the largest growers across 20 states with 88 dispensary licenses and 1.2 million square feet of cultivation and manufacturing space in the US.

 

"Being in this business, there is no greater privilege than enriching the lives of others," Acreage Holdings CEO Kevin Murphy said at a conference earlier this month.  His company has been especially focussed on the benefits of medical marijuana.

 

 

Share on Facebook
Share on Twitter
Please reload

Featured Posts

Fed Declines to Lower Prime Lending Rate...For Now

June 20, 2019

1/2
Please reload

Recent Posts

November 18, 2019

October 1, 2019

Please reload

Archive