Blockchain Transaction Record
MJ REIT Launches; Real Estate Investment Trust Is Sub-Managed by Rainbow Realty Group and Distributed by Arcview Capital
New Offering Solves Key Investor Challenges of Income, Diversification, and Stability by Tapping into the Emerging Cannabis Industry
Exclusively at Newsworthy.ai — Newsworthy registers every press release distributed through this service on the blockchain so that we can provide verification services and make features such as the self-hosting of press releases available to our customers. The blockchain provides an immutable record of the press releases issued by this service. Immutability gives readers the assurance that the news they are reading has not been altered from the source document that this service distributed. We have shifted the Source of Truth to the blockchain for added protection.
Moving the Source of Truth to the blockchain improves transparency and increases trust between organizations submitting news and readers.
Key Takeaways (TLDR)
- MJ REIT partners with Rainbow Realty Group & Arcview Capital to provide capital for the growing US cannabis market.
- The REIT seeks to provide income, diversification, and stability to investors targeting 10% annual distributions.
- Rainbow Realty Group employs a conservative underwriting approach, valuing properties using 'non-cannabis' valuations, unlike other cannabis REITs.
|NWAI Digital Fingerprint||285-efa892099bf69038ed8ea9644a4c9119|
MJ Real Estate Investment Trust does not have any other recent news to report at this time.