GreenAcreage Real Estate, a net-lease real estate investment trust that will provide sale-leaseback and build-to-suit transactions to the regulated cannabis industry, completed a private placement offering of 7 million shares of its common stock for gross proceeds of $141 million.

Miami-based Ladenburg Thalmann & Co., a subsidiary of Ladenburg Thalmann Financial Services, acted as the lead initial purchaser and placement agent for the offering. New York-based Revere Securities LLC acted as co-initial purchaser and placement agent.

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