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Friday, October 25, 2019 6:16:20 PM
I like the well thought out speculation on how it could be good or bad. It’s important to look at things from all angles.
I don’t have much to add, except that we should remember, and correct me if I’m wrong. But nothing says these terms can’t be renegotiated in reference to the annual percentage in rent. After the initial 10yr... when deciding on whether or not to extend 5yrs. I think it’s reasonable to assume that a lot will have changed. And IIPR will want to keep a solid relationship with Trulieve, and be willing to renegotiate terms to continue renting at a percentage in line with bank loans in order to keep Trulieves business longterm.
Just some thoughts.
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