Marijuana greenhouse owner Power REIT announces $20 million debt financing

Real estate investment trust Power REIT secured a debt financing facility worth $20 million from an unspecified “commercial federally regulated bank,” with room to borrow more in the future.

Power REIT ups funding of Michigan marijuana greenhouse to $25.6 million

Power REIT finalized a lease amendment to fund additional upgrades to a cannabis greenhouse cultivation facility in Michigan.

Analysis: Marijuana real estate lenders buck trend with record funding

Cannabis companies generally have been raising less money this year versus previous years, but not all industry sectors are coming up short.

Marijuana real estate lenders are bucking the trend.

Why IIP canceled a cannabis notes issue + NY adult-use permits in jeopardy

Innovative Industrial Properties (NYSE: IIPR), the largest REIT focused on the cannabis industry, on Feb. 1 announced a $300 million, six-year senior unsecured note offering at its IIP Operating Partnership level.

Atlanta group poised to enter marijuana sector using REIT model

UC Asset, an Atlanta-based real estate investment group, announced its intent to acquire an indoor-outdoor medical marijuana property in Oklahoma City.

Cannabis REIT Innovative Industrial Properties on a roll with $100M in recent outlays on cultivation, distribution sites

Innovative Industrial Properties is on a marijuana shopping spree, having spent $100 million since April to buy cultivation and distribution facilities around the nation while providing cannabis operators with sorely needed cash.

Struggling economy paves way for marijuana companies to secure better values of real estate deals

Many cannabis companies are eager to take advantage of any dip in commercial real estate prices that accompany economic downturns.