This Real Estate Company Just Poured $8.5M Into A New York-Based Cannabis Operation
Rainbow Realty Group IV LLC, a real estate financier for US cannabis companies, in collaboration with Rainbow Realty Group II LLC, GEMA CP Fund I LLC and MJ Real Estate Investment Trust, has finalized an $8.5 million acquisition loan, solidifying its commitment to enhancing cannabis cultivation in New York’s Hudson Valley. This strategic financing, secured by a state-of-the-art greenhouse property marks a significant step forward in expanding a market-leading operation.
Modernizing And Expanding Key Facilities
The 70-acre site, operated by the borrower for over a year, includes facilities that stand out in the region for their technological …