Real Estate
Cannabis-focused Inception REIT will soon become a publicly traded real estate investment trust. Subversive Real Estate’s merger with Inception REIT is part of a $183 million transaction to turn the special purpose investment vehicle into a real estate investment trust, allowing it tax benefits and the ability to receive more capital, Bloomberg News reported. The transaction is expected to close at the end of this month, making Inception the second publicly traded cannabis REIT, following The post Riding high: Inception, Subversive to launch publicly traded cannabis REIT appeared first on The Real Deal New York.

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