Call it a “joint” venture: Simon Property Group partners with cannabis oil company

David Simon (left), Peter Horvath (right) and the Roosevelt Field Mall in Garden City (Credit: iStock, Google Maps, and Green Growth)

America’s biggest mall owner is seeing green.

Soon after posting a record fourth quarter, Simon Property Group announced on Monday that it would be partnering with cannabis firm Green Growth Brands to open 108 shops in its malls this year. The shops will sell products infused with the cannabis extract cannabidiol, also known as CBD, according to CBNBC.

“The GGB shopping experience is exactly the type of innovation our customers want and expect from us,” Simon Malls president John Rulli said.

The first GGB shop will open in March at Castleton Square Mall in Indianapolis, the companies said, with others opening later this year. Simon’s headquarters is also located in Indianapolis.

Other shopping centers that will host the stores include the Roosevelt Field

... read more at: https://therealdeal.com/2019/02/11/call-it-a-joint-venture-simon-property-group-partners-with-cannabis-oil-company/

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