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Zoned Properties Announces Completion of $8 Million Expansion at its Chino Valley Cultivation Facility

Subsequent Lease Amendments to Significantly Increase Portfolio Rental Revenue & Cash Flow 68% Increase to Chino Valley Rental Revenue Effective September 1, 2021 SCOTTSDALE, Ariz., August 24, 2021 — Zoned Properties®, Inc. (the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today announced an amendment to the …

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Cresco Labs Buys Tryke For $282 Million, Picks Up Reef Dispensaries

AZ CANNABIS AMMA

ORIGINAL REPORTING By Debra Borchardt Cresco Labs Inc.  (CSE: CL) (OTCQX: CRLBF) has announced a plan to acquire Tryke Companies including six prime Reef Dispensary locations in Nevada and Arizona, expanded licensed cultivation and process capacity in Las Vegas and Phoenix and entry into the Utah market. The purchase price is $282.5 million which includes $30 million in real estate assets. The payment is a mix of Cresco Labs shares (approximately US$227.5 million), which …

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