100s of titles, one news app for just $10 a month.
Dive Deeper:
Glass House Brands To Acquires 3 Natural Healing Center Cannabis Dispensaries
Glass House Brands Inc.
Freedom Cannabis Forms Strategic Alliance With Artizen
Freedom Cannabis Inc., a Canadian producer of premier cannabis brands, has formed a strategic relationship with Pervasip Corp (OTCPK: PVSP),…
Zoned Properties Reports Revenue Growth Of 171.4% For Q1 2022, Here Are The Details
Zoned Properties, Inc. (OTCQB: ZDPY) released its financial results for the quarter ended March 31, 2022.
Cannaverse Technologies Launches Cannabis Metaverse - Cannaland
Cannaverse Technologies, has launched cannabis focused Metaverse, Cannaland, connecting every facet of the cannabis and hemp communities, revolutionizing the marketplace…
One subscription that gives you access to news from hundreds of sites
Co-working space helps give empty Lanarkshire town centre premises new lease of life
EK Collective has now welcomed 15 businesses since it launched in what was David Urquhart Travel
FPT plans B13.7bn investments
SET-listed developer Frasers Property Thailand (FPT) plans to spend 13.7 billion baht on hotel, housing and industrial properties over the…
Get all your news in one place
Latest Business news:
As Melbourne's night-life recovers from COVID, a liquor licence freeze brought in 13 years ago is under the microscope
The state government says the pause on the granting of new liquor licences will remain in place until June 2023.
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
New Bank of Korea Chief Rhee Takes More Vocal Stance on Economy
New Bank of Korea Governor Rhee Chang-yong is turning out to be more outspoken than his predecessor as he shows…
Bitcoin Price May Crash to $8,000
Guggenheim Chief Investment Officer Scott Minerd thinks bitcoin could fall even lower.
Airbnb stops booking stays in China: source
San Francisco (AFP) - Home rental service Airbnb is shutting down its business in China as a pandemic lockdown shows…
Bitcoin Evangelists Remain Enthusiastic Despite Crypto Rout
The cryptocurrency market has lost over $1.6 trillion since November, but that hasn't tempered the passion of the bitcoin evangelists.
From analysis to good news, read the world’s best news in one place
Confidence stabilises after sharp drop
Consumers confidence perked up slightly in the past week, aided by the drop in the unemployment rate to 3.9 per…
European Central Bank chief signals possible July rate hike
The president of the European Central Bank has given the clearest sign yet that policymakers will aim to raise interest…

American Green To Buy 40K Square Foot "Cypress Chill" Cannabis Building For $3.75M

By Vuk Zdinjak

American Green, Inc.'s (OTCPK:ERBB) board of directors has exercised and approved the rights it has under the current lease agreement with its landlord to buy the 40,000 square foot building known as American Green’s “Cypress Chill” cannabis facility located at 2325 W. Cypress St. Phoenix, AZ. 85009. The landlord has acknowledged American Green’s right to purchase the building and has waived the 90-day waiting period for the closing of the purchase.

“American Green is extremely excited to take advantage of this fantastic opportunity to own its own cannabis grow facility. Over the last 3 months, we have consulted with a number of real estate professionals involved in the cannabis real estate market here in our home state of Arizona, and they have provided compelling studies and facts showing that now would be a great time to purchase the building on which the company has already begun construction under its existing lease agreement with the building owner," stated David G. Gwyther, president of American Green. "Commercial real estate prices in the Phoenix area - especially cannabis-approved commercial buildings - have gone up in value since American Green signed its lease with the option to buy the building last year.”

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.

Dive Deeper:
Glass House Brands To Acquires 3 Natural Healing Center Cannabis Dispensaries
Glass House Brands Inc.
Freedom Cannabis Forms Strategic Alliance With Artizen
Freedom Cannabis Inc., a Canadian producer of premier cannabis brands, has formed a strategic relationship with Pervasip Corp (OTCPK: PVSP),…
Zoned Properties Reports Revenue Growth Of 171.4% For Q1 2022, Here Are The Details
Zoned Properties, Inc. (OTCQB: ZDPY) released its financial results for the quarter ended March 31, 2022.
Cannaverse Technologies Launches Cannabis Metaverse - Cannaland
Cannaverse Technologies, has launched cannabis focused Metaverse, Cannaland, connecting every facet of the cannabis and hemp communities, revolutionizing the marketplace…
One subscription that gives you access to news from hundreds of sites
Co-working space helps give empty Lanarkshire town centre premises new lease of life
EK Collective has now welcomed 15 businesses since it launched in what was David Urquhart Travel
FPT plans B13.7bn investments
SET-listed developer Frasers Property Thailand (FPT) plans to spend 13.7 billion baht on hotel, housing and industrial properties over the…
Get all your news in one place