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Cannabis Property Investment Firms Merger Signals Industry Consolidation Ahead

Inception, Subversive REITs to Invest $225 Million in Commercial Real Estate Nationwide
An industrial property in North Las Vegas, Nevada, is among several in a portfolio being combined in a merger between cannabis REITs Inception and Subversive. (Inception REIT)
An industrial property in North Las Vegas, Nevada, is among several in a portfolio being combined in a merger between cannabis REITs Inception and Subversive. (Inception REIT)
CoStar News
October 16, 2020 | 1:40 AM

A potential sign of the future for marijuana-related real estate may be found in a decision by two real estate investment trusts focused on cannabis, Inception and Subversive, planning a merger.

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