Curaleaf Enters Into a $28 Million Sale-Leaseback Deal
In another sign that the marijuana industry is expanding rapidly, cannabis stock Curaleaf Holdings (OTC: CURLF) has entered into a sale-leaseback contract with a specialty real estate company. The deal is for roughly $28.3 million in total considerations.
A sale-leaseback is a real estate transaction in which one entity sells its property to a counterparty, but continues to occupy it under a lease.
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Source Fool.com
