Acreage Holdings, Inc. and GreenAcreage Real Estate Corp., a free land speculation trust, today reported the end of a progression of offer and-leaseback exchanges for the closeout of specific properties and offices from Acreage Holdings to GreenAcreage for a total of around $18 million to Acreage Holdings and roughly $23 million by and large including installments to an outsider merchant.
The areas funded and closed today include offices in Massachusetts, Florida, and Pennsylvania. Grounds Holdings and GreenAcreage hope to close on extra offices in Illinois and Connecticut within thirty days.
Expecting full use of this extension financing, GreenAcreage's all-out interest in the properties will be roughly $77.3 million, with $72.3 million explicitly allotted to Acreage Holdings.
Simultaneous with the closings, Acreage Holdings went into long haul, triple-net rent concurrences with GreenAcreage and will keep on working the properties as authorized cannabis facilities.
GreenAcreage has committed to approximately $43.9 million in additional financing in commitments or funding for the properties in Florida and Illinois. As expected, Acreage Holdings may undertake noteworthy development at the properties sold and extra properties to be closed upon.
Greenwich Time recently wrote an interesting article about comedian, Chelsea Handler. Author Jonathon Small explains how Handler is preparing to launch her
Cannabis is a billion-dollar business in the US. As of writing, 10 states and the District of Columbia have legalized recreational marijuana. Needless to say
Published by the Marijuana Moment, author Kyle Jaeger brings to the audience's attention that Cannabis is evolving rapidly in regards to health trends at the
The IRS has been facing off against cannabis companies, causing more tax-related headaches and fears of audits. Cannabis businesses, as well as auxiliary
In an article published by Marijuana Moment, author Kyle Jaeger, explains the methods the USDA (U.S. Department of Agriculture) has implemented in the past
Published yesterday by the Marijuana Moment, author Kyle Jaeger explores the process of decriminalization of drug possession happening in the UK House of
