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Power REIT (FRA:P8P) Other Assets for Insurance Companies


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What is Power REIT Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


Power REIT (FRA:P8P) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Power REIT (FRA:P8P) » Definitions » Other Assets for Insurance Companies
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Address
301 Winding Road, Old Bethpage, NY, USA, 11804
Power REIT is a real estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture, Renewable Energy and Transportation. The company is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture for the cultivation of food and cannabis. The company is focused on CEA in the form of a greenhouse which uses dramatically less energy than indoor growing, 95% less water usage than outdoor growing and does not have any agricultural runoff of fertilizers or pesticides. To date, its greenhouse properties are operated for the cultivation of cannabis by state-licensed operators.