Innovative Industrial Properties claims that cannabis operator PharmaCann has defaulted on several of its leases across the country.

In this week’s “Rising High,” The Fly’s recurring series focused on cannabis and psychedelic stock news, The Fly looks back on a default on ...

Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPR ...

Chicago-based PharmaCann told employees it would shutter its 207,000-square-foot LivWell Michigan cultivation site in Warre ...

Shares of Innovative Industrial Properties (NYSE: IIPR), the country's leading cannabis real estate investment trust (REIT), ...

Need more dividend yield in 2025? Consider real estate investment trusts (REITs), which were mandated to be dividend-paying machines. Income is the point—by law.

The firm explained that the order of magnitude of the cross-default triggered the firm’s rating downgrade and price target cut as at the time the firm did not know if PharmaCann was “on the ...

On December 19, 2024, PharmaCann defaulted on its obligations to pay rent for the month of December under six of the eleven Leases, for properties located in Illinois, Massachusetts, Michigan ...

Plymouth Industrial REIT outshines Innovative Industrial Properties in terms of tenant defaults and other factors. Find out ...

PharmaCann defaulted on rent payments for six leases, totaling $4.2 million, leading IIPR to apply security deposits to cover the arrears. IIPR plans to enforce lease rights, potentially including ...