{"id":46474,"date":"2021-02-04T10:55:52","date_gmt":"2021-02-04T18:55:52","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2021\/02\/04\/power-reit-acquires-canndescent-cannabis-greenhouse-for-7-7-million\/"},"modified":"2021-02-04T13:45:19","modified_gmt":"2021-02-04T21:45:19","slug":"power-reit-acquires-canndescent-cannabis-greenhouse-for-7-7-million","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2021\/02\/04\/power-reit-acquires-canndescent-cannabis-greenhouse-for-7-7-million\/","title":{"rendered":"Power REIT acquires Canndescent cannabis greenhouse for $7.7 million"},"content":{"rendered":"<\/p>\n<p>New York-based Power REIT on Thursday announced the acquisition of a 37,000-square-foot Southern California greenhouse used for cultivation of commercial cannabis in a cash and stock deal worth $7.7 million. The Riverside County property, which is already leased to cultivator and flower brand Canndescent, was acquired from another private real estate investment trust, Power REIT [\u2026]<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/power-reit-acquires-canndescent-cannabis-greenhouse-for-7-7-million\/\">Power REIT acquires Canndescent cannabis greenhouse for $7.7 million<\/a> is a post from: <a href=\"https:\/\/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\/power-reit-acquires-canndescent-cannabis-greenhouse-for-7-7-million\/\" target=\"_blank\" rel=\"noopener noreferrer\">Power REIT acquires Canndescent cannabis greenhouse for .7 million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York-based Power REIT on Thursday announced the acquisition of a 37,000-square-foot Southern California greenhouse used for cultivation of commercial cannabis in a cash and stock deal worth $7.7 million. The Riverside County property, which is already leased to cultivator and flower brand Canndescent, was acquired from another private real<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2021\/02\/04\/power-reit-acquires-canndescent-cannabis-greenhouse-for-7-7-million\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[191,28,9662,108,2698,8949,8948,15096,1644,7,11810,9663],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/46474"}],"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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=46474"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/46474\/revisions"}],"predecessor-version":[{"id":46475,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/46474\/revisions\/46475"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=46474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=46474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=46474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}