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CL - Cresco Labs Inc News Story

C$8.75 0.3  3.9%

Last Trade - 7:03pm

Sector
Healthcare
Size
Mid Cap
Market Cap £1.65bn
Enterprise Value £1.81bn
Revenue £133.2m
Position in Universe 147th / 2679

BRIEF-Cresco Labs Enters Into Sale-And-Leaseback Agreement With Innovative Industrial Properties For Illinois Facilities

Fri 27th September, 2019 12:15pm
Sept 27 (Reuters) - Cresco Labs Inc  CL.CD :
    * CRESCO LABS ENTERS INTO SALE-AND-LEASEBACK AGREEMENT WITH
INNOVATIVE INDUSTRIAL PROPERTIES FOR ILLINOIS FACILITIES
    * CRESCO LABS - SIGNED BINDING AGREEMENT TO SELL JOLIET &
KANKAKEE, ILLINOIS PROPERTIES TO INNOVATIVE INDUSTRIAL
PROPERTIES, INC.  FOR ABOUT $46.3 MILLION
    * CRESCO LABS- CONCURRENT WITH CLOSING OF SALE, CO WILL
ENTER INTO
LONG-TERM, TRIPLE-NET LEASE AGREEMENT WITH IIP

Source text for Eikon:  ID:nBw6Blmsfa 
Further company coverage:  CL.CD 

 ((Reuters.Briefs@thomsonreuters.com;))
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