WINDSOR TOWNSHIP -- A California real estate company traded on the New York Stock Exchange wants a piece of the township's commercial medical marijuana growing and processing action.
Innovative Industrial Properties has committed to a $13 million deal with Green Peak Innovations at Harvest Park, billed as the largest marijuana business park of its kind east of the Mississippi.
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Green Peak, a company with Lansing area investors, has agreed to sell a 56,000-square-foot-facility it constructed and 25 acres of land it purchased at Harvest Park to IIP for $13 million.
Green Peak will lease the land from IIP so it can move forward with its marijuana growing and processing plans, said Jeff Radway, Green Peak's CEO.