Innovative Industrial Properties faces significant tenant issues, notably PharmaCann's rent default. Read why IIPR stock is ...

Such was the situation with marijuana real estate investment trust (REIT) Innovative Industrial Properties (NYSE: IIPR) in ...

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 ...

Innovative Industrial Properties (IIPR) faces mixed analyst sentiment amid a selloff, with dividend cuts and tenant issues ...

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

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

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.

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 ...

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 ...

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 ...

PharmaCann, which operates under leases with IIP for eleven properties, failed to meet its December rent obligations totaling $4.2 million. As a result, IIP applied the security deposits held ...