Marijuana real estate merger creates firm worth $435 million in assets, cash

MJ Biz reports

NewLake Capital Partners and real estate investment trust (REIT) GreenAcreage closed a merger that creates a massive marijuana real estate company.

The combined company boasts more than $325 million in assets and $110 million-plus in cash as it pursues further investments and diversification of its real estate portfolio, according to a news release.

Financial details of the deal were not disclosed.

NewLake, based in Chicago, partnered with Columbia Care in 2019 in the marijuana multistate operator’s first sale-leaseback transaction.

Full story

Marijuana real estate merger creates firm worth $435 million in assets, cash

Massachusetts Gov. Has Awarded Social Equity Grants to 50 Cannabis Companies To A Value Of $2,350,000

UK: Scunthorpe man hopes to impress Aldi buyers with cannabis gummies on Channel 4 show

The Triad’s Electrician: Meet the 87-Year-Old “Frontman” for Chinese Cannabis Grows in Maine

The Battle Between Suspended Cannabis Control Commission Chairwoman Shannon O’Brien and the Massachusetts Administration Grinds On

Philadelphia-based Ethos Cannabis city store to close on 420

Eaze employees eaze off…..

Alliance for a Stronger FDA has announced its FY 25 funding.. thinks agency needs $3.896 billion for salaries and expenses (S&E).

Press Release: ROSEN INTRODUCES LEGISLATION TO HELP EXPUNGE OR SEAL MARIJUANA CONVICTIONS IN STATES WHERE CANNABIS IS LEGAL

Alert- Oregon: Commission Approves Rules for Marijuana Batch Tagging

Hiigh Times retail empire appears to be crumbling. The chain’s Oakland location closed months ago and, as of March, at least three more locations have permanently closed, leaving employees and creditors in a lurch, according to CRB Monitor.

1
2
3
…
669
›

Marijuana real estate merger creates firm worth $435 million in assets, cash

Massachusetts Gov. Has Awarded Social Equity Grants to 50 Cannabis Companies To A Value Of $2,350,000

UK: Scunthorpe man hopes to impress Aldi buyers with cannabis gummies on Channel 4 show

The Triad’s Electrician: Meet the 87-Year-Old “Frontman” for Chinese Cannabis Grows in Maine

The Battle Between Suspended Cannabis Control Commission Chairwoman Shannon O’Brien and the Massachusetts Administration Grinds On

Philadelphia-based Ethos Cannabis city store to close on 420

Eaze employees eaze off…..

Alliance for a Stronger FDA has announced its FY 25 funding.. thinks agency needs $3.896 billion for salaries and expenses (S&E).

Press Release: ROSEN INTRODUCES LEGISLATION TO HELP EXPUNGE OR SEAL MARIJUANA CONVICTIONS IN STATES WHERE CANNABIS IS LEGAL

Alert- Oregon: Commission Approves Rules for Marijuana Batch Tagging

Hiigh Times retail empire appears to be crumbling. The chain’s Oakland location closed months ago and, as of March, at least three more locations have permanently closed, leaving employees and creditors in a lurch, according to CRB Monitor.

Primary Sponsors

Search Cannabis Law Report