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Tag Archives: Sell Real Estate Assets

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Acreage Holdings Enters into Letter of Intent to Sell Real Estate Assets to Newly Formed Cannabis REIT

Acreage Holdings Enters into Letter of Intent to Sell Real Estate Assets to Newly Formed Cannabis REIT
May 13, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0ZV) today announced it has entered into a Letter of Intent (the “Letter of Intent”) with GreenAcreage Real Estate Corp., a newly formed REIT (“GARE”), negotiated at arm’s length, under which GARE would purchase and lease back to Acreage cannabis related real estate assets.
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