Sept 27 (Reuters) - Cresco Labs Inc CL.CD :
* CRESCO LABS ENTERS INTO SALE-AND-LEASEBACK AGREEMENT WITH INNOVATIVE INDUSTRIAL PROPERTIES FOR ILLINOIS FACILITIES
* CRESCO LABS - SIGNED BINDING AGREEMENT TO SELL JOLIET & KANKAKEE, ILLINOIS PROPERTIES TO INNOVATIVE INDUSTRIAL PROPERTIES, INC. FOR ABOUT $46.3 MILLION
* CRESCO LABS- CONCURRENT WITH CLOSING OF SALE, CO WILL ENTER INTO LONG-TERM, TRIPLE-NET LEASE AGREEMENT WITH IIP