Tag : industrial

CCT Impact

Parallel Announces Sale-Leaseback Transaction in Pennsylvania with Innovative Industrial Properties for Approximately $68 Million

Parallel (the “Company”), one of the largest privately-held multi-state cannabis operators in the United States (U.S.), today announced the completion of a sale-leaseback transaction (the “Transaction”), in which Parallel sold its Pittsburgh, Pennsylvania warehouse to, and entered into a long-term lease agreement with, an affiliate of Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR), the first and......
Hemp News Politics State Laws

Industrial Hemp Pilot Program Reappears in the Missouri Legislature

Missouri senators advanced a bill Tuesday that would create a pilot program in the state to study the growth, cultivation, processing and marketing of industrial hemp in cooperation with Missouri’s Department of Agriculture. Members of the General Assembly have been working on pilot programs for the growth and research of......