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 ...

Share prices for US equity real estate investment trust stocks plummeted in the fourth quarter of 2024 after soaring the quarter prior. Read more here.

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), ...

Oversupply and low, low prices are coming to a head in the industry, leaving a trail of shuttered cultivator and processors.

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 ...

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.

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 ...