Gold Flora Expands Cultivation Footprint at Desert Hot Springs Campus [Yahoo! Finance]
Innovative Industrial Properties, Inc. (IIPR)
US:NYSE Investor Relations:
investors.innovativeindustrialproperties.com
Company Research
Source: Yahoo! Finance
May 9, 2024 /CNW/ - Gold Flora Corporation ("Gold Flora" or the "Company") (Cboe Canada: GRAM), a leading vertically-integrated California cannabis company, announced it has entered into agreements with Innovative Industrial Properties, Inc. ("IIP") to lease two additional facilities located near its Desert Hot Springs Campus (the "Lease Agreements"). Under the terms of the Lease Agreements, Gold Flora will add approximately 53,000 square feet to its cultivation canopy, to generate an additional approximately 25,000 lbs. of flower annually and increase the Company's cultivation footprint to approximately 160,000 square feet of indoor grow. The turn-key facility space will be delivered ready for operations once the Company has received the necessary state and local licenses to commence cultivation operations. The Company anticipates that approximately half of the capacity will come online in the first quarter of 2025, with the remaining capacity anticipated to come online later that ye
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- Innovative Industrial Properties (IIPR) Q1 FFO and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Innovative Industrial Properties Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
IIPR
Earnings
- 5/8/24 - Miss
IIPR
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- IIPR's page on the SEC website