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Earnings Update: Cronos Confirms 96% Revenue Growth, New CEO; IIP Generates $34.3M In Q3
Thursday, November 5, 2020 - 5:14pm | 665Cronos Touts Uptick In Revenue, Appoints New CEO Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) revealed Thursday its consolidated net revenue for the third quarter amounted to approximately $11.4 million. That's up by $5.6 million or 96% on a yearly basis. For the nine months ended Sept. 30, net...
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4Front: $30M Sale-Leaseback Deal With Cannabis REIT Will Help Pay Gotham Green Debt
Wednesday, October 28, 2020 - 9:32am | 5304Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is poised to secure some $30 million in financing through a partnership with Innovative Industrial Properties Inc. (NYSE: IIPR). The Phoenix-based company entered into sale-leaseback agreements with the cannabis REIT at its cultivation...
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JC Penney Exploring A Sale And Partial Leaseback Of Its Headquarters To Reduce Debt
Friday, February 5, 2016 - 2:41pm | 226Shares of J C Penney Company Inc (NYSE: JCP) were trading higher by more than 0.5 percent on Friday. The company said it's considering a sale and partial leaseback of its corporate headquarter in Texas. JC Penney noted that a combination of "favorable market conditions" and a...