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

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

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

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 ...

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

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 ...

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 ...

Innovative Industrial Properties, Inc. (IIP), through indirect, wholly owned subsidiaries serving as landlords, previously entered into leases (collectively, the Leases) with PharmaCann Inc. and ...

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 ...