Listen on NewsRamp PodcastsFollow us on Google News

Get your free copy of the News Marketing Bookhere

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.
BlockchainDetails
Chainpolygon-main
Transaction ID0xd3b0907c6fbb44ee6239a1a97eecb9555426ed28e55396edb99c0245a89ca10a
Contract Address0x7C0F04d0e072d3Bd3e6ceD44E7EB0352785db218
NWAI Digital Fingerprint285-efa892099bf69038ed8ea9644a4c9119
Registration Timestamp2022-08-10T23:27:49+00:00

MJ Real Estate Investment Trust does not have any other recent news to report at this time.