Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it is extending its long-term real estate relationship with Kings Garden Inc. (Kings Garden), one of California’s top cannabis producers, with the acquisition of approximately 3.5 acres in Southern California adjacent to one of IIP’s properties leased to Kings Garden, where IIP and Kings Garden will partner on the development of two additional buildings totaling approximately 180,000 square feet of industrial space.

CATHEDRAL CITY, Calif., Jan. 19, 2021 /PRNewswire/ — Today, Kings Garden, the original and largest cannabis cultivation, processing and manufacturing company in California announced a joint venture to fund a new 24K sq. ft. grow facility in Cathedral City, Ca. The $9.5M deal supports the brand’s continued expansion in California – the #1 cannabis market in the United States. Construction on the facility is set to begin later this January, with a projected completion date of end of 2021.

While cannabis stocks have soared this week after Democratic wins in Georgia’s runoffs put that party in control of the U.S. Senate, one analyst has warned the rally looks overdone.

“Kings Garden is the original Coachella Valley cannabis grow operation. What this means on the surface, is that we received the first licenses issued in both Cathedral City and Palm Springs. But what makes us truly who we are, runs much deeper. Our co-founder hails from one of Palm Springs’ founding families. Which means Kings Garden is more than a place we work. This is our home. A genuinely rare and revered corner of the world. A mecca which never ceases to inspire our creativity and drive our passion to create a family of cannabis strains unmatched in consistency, value – and above all – quality.”

COACHELLA VALLEY, CA, June 20, 2020 /CNW/ – Kings Garden Inc (“Kings Garden” or the “Company”), one of the most prominent cannabis brands in the U.S. market, announced an industry-first today with the declaration of a regular quarterly dividend of US$1 million, to be paid at the end of Q2-2020 and quarterly thereafter.

In California specifically, the industry has flourished for decades, as the state was at the forefront of both medicinal legal approval in 1996 and recreational approval in 2016 with Proposition 64. Simply put, the California cannabis market is the most competitive, promising, and renowned market in the world.

Kings Garden started five years ago in the Coachella Valley region of California. Since then, it has grown into a profitable cultivation company backed by the funding of friends and family. Founders CEO Michael King and COO Charlie Kieley spoke with New Cannabis Ventures about their company’s California presence, their approach to distribution and their thoughts on the commoditization of cultivation.

CannaRoyalty Corp. d/b/a Origin House (OH) (otcqx:ORHOF) (“Origin House” or the “Company”), a North American cannabis products and brands company today announced that its California distribution division, Continuum, has entered into a distribution agreement (the “Agreement”) with California-based boutique cannabis brand Kings Garden Inc. (“Kings Garden”) to be the exclusive distributor of all Kings Garden products in California. In Q3 2019, Kings Garden was ranked as one of the leading flower brands in California, recording the second highest unit sales growth from Q1 to Q3 2019 in the state(1).