Westword reports..
Some of southern Colorado’s largest marijuana farms are changing their roots.
Massachusetts-based Curaleaf Holdings, one of the country’s largest marijuana companies, recently agreed to purchase Los Sueños, a 36-acre outdoor marijuana growing operation in Pueblo County, for over $60 million. Weeks later, Schwazze, a Denver-based marijuana conglomerate formerly known as Medicine Man Technologies, announced plans to acquire 34 acres of grow space from Southern Colorado Growers in Huerfano County for $11.3 million — and that’s not the only big pot operation taking over in Huerfano County, a community of less than 7,000 people located south of Pueblo.
Power REIT, a New York-based real estate investment trust with a hand in projects ranging from greenhouse agriculture to solar power and railroads, committed $3.9 million for a 35-acre marijuana cultivation space in Huerfano County in late May. According to Power REIT, the greenhouse facility will be about 102,800 square feet when finished, with promises to deliver more economic and employment opportunities for one of Colorado’s poorest counties.
Read more https://www.westword.com/marijuana/southern-colorado-marijuana-farms-new-ownership-11993339
