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Tag Archives: real estate

Cannabis operator closes on $25.5M Franklin Labs acquisition

Harvest Health & Recreation, a Tempe, Arizona–based multi-state cannabis operator, said it closed on the acquisition of Franklin Labs LLC, a subsidiary of CannaPharmacy, for about $25.5 million. The acquisition, payable with $15.5 million in cash and a $10 million promissory note, includes a 46,800-square-foot cultivation and manufacturing/processing facility in Reading.

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DLP Real Estate conducts blood drive amid COVID-19 pandemic

As the COVID-19 pandemic continues to spread, blood donor organizations are facing major blood shortages, but one local firm hosted its first company-wide blood drive shortly before Gov. Tom Wolf urged all non-essential businesses in the state to close. DLP Real Estate Capital of Hanover Township, Northampton County, hosted a drive on that day at its Lehigh Valley headquarters and two other sites.

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