Real Estate
Columbia Care Inks $35 Million Sale-Leaseback Agreement with NewLake Capital
Columbia Care Inks $35 Million Sale-Leaseback Agreement with NewLake Capital

Columbia Care -- a multi-state operator with licenses in 13 U.S. states, Washington D.C. and Puerto Rico -- has agreed to a sale-leaseback with NewLake Capital that will net the New York-based cannabis company $35 million.

Cresco Labs Terminates Planned Acquisition, Unloads 2 Properties
Cresco Labs Terminates Planned Acquisition, Unloads 2 Properties

Chicago’s Cresco Labs today said it would sell two cultivation and processing properties to Innovative Industrial Properties, and terminate the previously announced acquisition of Florida’s VidaCann Ltd. In a press release, Cresco Labs CEO and co-founder Charlie Bachtell said the moves would add about $158 million to the balance sheet.

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