Curaleaf's Grassroots Enters Real Estate Deal Worth Nearly $20 Million
GR Companies, one of the more prominent U.S. cannabis dispensary chain operators, will garner almost $20 million from a real estate contract it has concluded. The company has signed a sale-leaseback deal with privately held NewLake Capital Partners to sell 10 properties it owns, NewLake announced Wednesday.
In the first phase of the deal, six properties are changing hands. The remaining four should transfer ownership within 45 days, NewLake said.
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Source Fool.com