Cannabis-focused real estate company Innovative Industrial Properties Inc. (NYSE: IIPR) said Thursday it has finalized its $26.8 million acquisition of an Athol, Massachusetts-based property. The acquired property spans about 199,000 square-feet of industrial space. Innovative Industrial Properties signed a long-term lease agreement with a subsidiary of Ascend Wellness Holdings LLC, a vertically-integrates cannabis company, for further operation as a licensed cannabis cultivation and processing facility. Under this agreement, Ascend Wellness is expected to finalize tenant enhancements at ...Full story available on Benzinga.com.