TruLieve
The other pot stock that was in the news in October was that of Trulieve Cannabis (TRUL). On October 24, it was announced that the company had signed a warehouse leaseback deal with Innovative Industrial Properties, a well-known cannabis industry-focused real estate investment trust. TruLieve was paid $17 million for the facility in Florida and now the company will lease the same property for the next 10 years according to the agreement.
CV Sciences
Well known CBD company CV Sciences (CVSI) further expanded the retail footprint of its market-leading PlusCBD Oil this October by expanding its agreement with Vitamin Shoppe. Vitamin Shoppe is a well-known retailer and after the completion of this particular deal, CV Sciences’ product will be available in 36 Vitamin Shoppe shops in the U.S. It is also going to be made available in Puerto Rico.