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Power REIT buys 10-acre, southern Colorado-based property for $2.9M

Power REIT buys 10-acre, southern Colorado-based property for $2.9M

Power REIT (NYSE:PW) CEO David Lesser and WHT LBL LLC CEO Chelsey Joseph speak to Proactive about Power REIT's newly acquired 10-acre property in Crowley County, Colorado, which includes the construction of a 12,000 square foot greenhouse space.

Cannabis cultivator JKL2 Inc will operate the property, and multi-state operator WHT LBL LLC, which produces products for Colorado’s edible brands and distributes these products throughout the state, will work closely with JKL2 on buildout and beginning its operations.

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