Cannabis MSO 4Front nets $33 million from sale-leaseback deal
Cannabis MSO 4Front nets $33 million from sale-leaseback deal
Cannabis multistate operator 4Front Ventures said it has completed a sale-leaseback of cultivation and production facilities in Massachusetts and Washington state, generating $33 million to pay down debt and for general purposes. The deal is just the latest in a wave of sale-leaseback transactions in the marijuana industry that help operators raise cash and bolster their financial position. “The…
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