Cannabis REIT Nova to liquidate, sell assets for $3.7M

Green Market Report
By Adam JacksonNov 22, 2024, 9:14 am63 pts
Nova Net Lease REIT (CSE: NNL.U) (OTCQB: NNLRF) plans to sell its cannabis real estate portfolio and wind down operations after struggling with low cash reserves and deteriorating market conditions in the cannabis REIT sector. The Toronto-based company will sell its operating partnership’s Class A units to…

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