Joining our host Cassandra Leah on The Daily Dive today is that of David Lesser, CEO of Power REIT (NYSE: PW), an NYSE-listed cannabis REIT. David joins us to discuss the US cannabis space, the typical deal structure of a sale leaseback transaction within the sector, and the ongoing rights offering the company is performing.
Power REIT is focused on owning real estate for controlled environment agriculture, such as cannabis, as well as renewable energy and transportation. The company is actively seeking to expand its portfolio within the niche of controlled environment agriculture, with the firm having expanded its holdings as of late in the state of Colorado through accretive property transactions.
Catch the full interview below.
Information for this briefing was found via Sedar and Power REIT. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.