Marijuana investor dedicates to $13M property offer at Harvest Park

< meta itemprop =image content="https://media.gannett-cdn.com/41075352001/41075352001_5695873400001_5695869665001-vs.jpg?width=540&height=304&fit=crop"> CLOSE This is a fast guide for Michigan homeowners on how to get a state-issued medical marijuana card. This video makes an application for both marijuana patients and caregivers. For additional information about the marijuana industry and associated protection see lsj.com.

Photo: Green Peak Innovations)WINDSOR MUNICIPALITY– A California real estate business traded on the New York Stock Exchange wants a piece of the municipality’s commercial medical cannabis growing and processing action.

Innovative Industrial Properties has actually committed to a$ 13 million handle Green Peak Developments at Harvest Park, billed as the biggest marijuana organisation park of its kind east of the Mississippi.

“It’s just another recognition (Green Peak Innovations) is doing things right.” said of Colleen Robar, a Green Peak spokesperson.

Green Peak, a business with Lansing area financiers, has agreed to sell 56,000 square feet of land it bought at Harvest Park to IIP for $5.5 million.Green Peak will

lease the land from IIP so it can progress with its marijuana growing and processing strategies, Robar stated. Terms of the Green Peak-IIP deal include

a series of repayments in between the companies worth$ 7.5 million, which are anticipated to take location as soon as facilities enhancements and advancement objectives are made. Harvest Park lies south of Creyts and Lansing roads, east of General

Motors’ Delta Township Assembly Plant.The 131-acre park’s financial investment team is confident the 2nd stage of building and construction will be complete by the

end of this year.< img itemprop =url src ="https://www.gannett-cdn.com/-mm-/a1d2437d6c56cb97ecca2586583594169d2b5273/c=79-0-864-590/local/-/media/2018/07/13/MIGroup/Lansing/636670998190366334-HarvestPark.jpg?width=540&height=405&fit=crop"alt="An appearance at where the Harvest Park development lies"width=540 height=405 data-mycapture-src=https://www.gannett-cdn.com/media/2018/07/13/MIGroup/Lansing/636670998190366334-HarvestPark.jpg data-mycapture-sm-src="https://www.gannett-cdn.com/-mm-/ca14bdcf1cb7f186261407b748cd83386e8f7910/r=500x312/local/-/media/2018/07/13/MIGroup/Lansing/636670998190366334-HarvestPark.jpg"> A look at where the Harvest Park development is located in Windsor Municipality. Building is underway at Creyts and Lansing roadways. (Image: Courtesy image)Windsor Area Manager Marcus Braman said Thursday he’s thrilled about the development being made at Harvest Park and has actually seen increased interest in land nearby.”I more than happy that people wish to invest money

in the community and get stuff done around here, “Braman stated. Braman stated a regional group of financiers has plans to reopen Don’s Windmill Truck Stop at 7262 Lansing Road in about three months. The truck stop closed in 2009 after 54 years in company. Green Peak got pre-qualification for a number of commercial medical cannabis licenses from a state licensing board last month. The company prepares 12 big grow facilities, one processor and 19 dispensaries(

also referred to as provisioning centers)in Michigan.It intends to

work with approximately 170 individuals in the Lansing region for a variety of positions. For additional information, check out< a href= http://www.greenpeakinnovations.com/ data-track-label= inline|intext|n/a > greenpeakinnovations.com. Eric Lacy is a reporter for the Lansing State

Journal. Contact him at 517-377-1206 or elacy@lsj.com. Follow him on Twitter @EricLacy. Read or Share this story: https://on.lsj.com/2MvSJox!.?.!Share This Story!Let buddies in your social network understand what you are checking out about Cannabis financier protects$13M realty offer at Harvest Park Harvest Park’s progress may result in resuming of nearby Don’s Windmill Truck Stop, area official says.Sent!A link has actually been sent out to your buddy’s e-mail