{"id":38498,"date":"2019-09-27T09:58:30","date_gmt":"2019-09-27T17:58:30","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2019\/09\/27\/cresco-labs-to-sell-marijuana-facilities-to-reit-for-46-3m-under-leaseback-deal\/"},"modified":"2019-09-28T00:43:48","modified_gmt":"2019-09-28T08:43:48","slug":"cresco-labs-to-sell-marijuana-facilities-to-reit-for-46-3m-under-leaseback-deal","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2019\/09\/27\/cresco-labs-to-sell-marijuana-facilities-to-reit-for-46-3m-under-leaseback-deal\/","title":{"rendered":"Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal"},"content":{"rendered":"<\/p>\n<p>Chicago-based Cresco Labs will sell two cultivation and processing facilities in Illinois to Innovative Industrial Properties, a real estate investment trust company (REIT), for $46.3 million as the multistate operator prepares for a \u201csignificant increase in demand\u201d when recreational marijuana sales become legal in the state Jan. 1. The facilities, which will continue to be [\u2026]<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/cresco-labs-to-sell-marijuana-facilities-to-reit-for-46-3m-under-leaseback-deal\/\">Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/cresco-labs-to-sell-marijuana-facilities-to-reit-for-46-3m-under-leaseback-deal\/\" target=\"_blank\">Cresco Labs to sell marijuana facilities to REIT for .3M under leaseback deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago-based Cresco Labs will sell two cultivation and processing facilities in Illinois to Innovative Industrial Properties, a real estate investment trust company (REIT), for $46.3 million as the multistate operator prepares for a \u201csignificant increase in demand\u201d when recreational marijuana sales become legal in the state Jan. 1. The facilities,<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2019\/09\/27\/cresco-labs-to-sell-marijuana-facilities-to-reit-for-46-3m-under-leaseback-deal\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":303,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9657,9662,538,5,141,1460,3074,65,8940,8948,356,9663],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/38498"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/303"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=38498"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/38498\/revisions"}],"predecessor-version":[{"id":38499,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/38498\/revisions\/38499"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=38498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=38498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=38498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}