1 unchanged sentence
Massachusetts
−Removed: The Company operates a dispensary in Beverly in a retail space under a lease that expires in 2026, with options to extend the term for three additional five-year periods through 2041.
+Added: The Company operates a dispensary in Beverly in a retail space under a lease that expires in July 2026, with options to extend the term for three additional five-year periods through 2041.
The Company owns an industrial property, of which the Company has developed approximately half into a cannabis cultivation and processing facility in which it conducts wholesale operations.
3 unchanged sentences
however, in November 2023, the Company repaid this mortgage and refinanced both properties in connection with a new Construction to Permanent Commercial Real Estate Mortgage Loan with Needham Bank (the "CREM Loan").
−Removed: As a result, the mortgage on the New Bedford and Middleborough properties is now held by Needham Bank, which mortgage matures in 2033.
+Added: As a result, the mortgage on the New Bedford and Middleborough properties is now held by Needham Bank, and matures in 2033.
The Company leases its corporate headquarters under a lease that expires in 2028 and which includes a five-year extension option.
4 unchanged sentences
however, in November 2023, the Company repaid this mortgage and refinanced both properties in connection with the CREM Loan.
−Removed: As a result, the mortgage on the New Bedford and Middleborough properties is now held by Needham Bank, which mortgage matures in 2033.
+Added: As a result, the mortgage on the New Bedford and Middleborough properties is now held by Needham Bank, and matures in 2033.
The Company leases a building that houses both a dispensary and a cultivation facility under a lease that expires in 2038.
−Removed: The Company leases retail space located in a multi-use building under a lease that expires in 2027 that it subleases to its Delaware cannabis-licensed client.
−Removed: The client uses this retail space to operate a dispensary.
+Added: The Company leases retail space located in a multi-use building under a lease that expires in 2027 in which in operates a dispensary.
The Company leases a warehouse, 60% of which it developed into a cultivation facility, with plans to develop the remaining square footage into a processing facility.
The lease term expires in March 2030, with an option to extend the term for three additional five-year periods.
−Removed: The entire premises is subleased under a coterminous sublease to the Company’s Delaware cannabis-licensed client.
The Company owns a cannabis cultivation, processing, and dispensary facility located in a business park.
The property is secured under a mortgage with the Bank of New England that matures in 2031.
−Removed: The facility is leased to the Company’s Delaware cannabis-licensed client under a 20-year lease expiring in 2035.
−Removed: The Company also leases a cannabis production facility with offices which is subleased to its Delaware cannabis-licensed client.
−Removed: The sublease expires in January 2026 and contains an option to negotiate an extension.
−Removed: The Company owns and operates a free-standing cannabis dispensary that is secured under a mortgage with DuQuoin State Bank maturing in May 2024 (the "DSQ Mortgage").
−Removed: Since initiating the DSQ Mortgage in May 2016, the bank has renewed the mortgage for an additional one-year term on an annual basis.
+Added: The Company owns and operates a free-standing cannabis dispensary in a building that is secured under a mortgage with DuQuoin State Bank that matures in May 2045 (the "DSQ Mortgage").
The Company owns and operates a free-standing cannabis dispensary.
3 unchanged sentences
The premises are secured under a mortgage with DuQuoin State Bank that matures in 2042.
−Removed: The Company also owns and operates a free-standing cannabis dispensary.
−Removed: The Company repaid and retired the mortgage on this facility in 2023.
+Added: The Company also owns and operates a free-standing cannabis dispensary, secured under a mortgage with DuQuoin State Bank that matures in 2041.
The Company owns a free standing industrial building in which it operates a cannabis dispensary.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.