NewLake Capital Partners President and Chief Investment Officer Anthony Coniglio joined Proactive to speak about the group's recent merger with GreenAcreage Real Estate Corp. Coniglio says the merger creates a diversified portfolio of 24 proprieties across 9 states, representing nearly 900,000 rentable sq ft of property, positioning it as one of two 'credible real estate providers' exclusively focused on the cannabis industry. He adds with $75M of cash, the group has enough capital to execute new transactions.
NewLake Capital Partners closes merger to form one of 'largest real estate companies in cannabis'