Real Estate
Cannabis-focused real estate company Innovative Industrial Properties Inc. (NYSE: IIPR) has finalized its purchase of an Alachua, Florida-based property for $23.8 million. This is the company’s fourth acquisition in Florida. It covers around 295,000 square feet of industrial space. Innovative Industrial Properties, or IIPR, signed a long-term, triple-net lease-back deal with a subsidiary of Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF). Harvest, a vertically-integrated cannabis operator, will continue running the cultivation and processing facility as a ...Full story available on Benzinga.com.

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