Cresco Labs Co-Founder Comments On First Tranche Of $25M Financing Of Psychedelics-Focused REIT
Portfolio Pulse from Javier Hasse
Healing Realty Trust (HRT) has closed the first tranche of its $25 million Series A funding round, aimed at acquiring healthcare facilities in Texas, Ohio, and Connecticut. Joe Caltabiano, CEO of HRT and co-founder of Cresco Labs (OTC:CRLBF), highlighted the importance of this investment in expanding HRT's real estate portfolio to support innovative psychedelic therapies.
June 18, 2024 | 5:24 pm
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Joe Caltabiano, co-founder of Cresco Labs, is also the CEO of Healing Realty Trust, which has closed the first tranche of a $25 million Series A funding round. This investment will support the acquisition of healthcare facilities for innovative psychedelic therapies.
The involvement of Joe Caltabiano, co-founder of Cresco Labs, in Healing Realty Trust's funding round could positively impact investor sentiment towards Cresco Labs, given the potential synergies and growth in the healthcare and psychedelic therapy sectors.
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