The struggling operator, which accounted for 17% of the IIPR's rental revenue, missed March payments for nine properties ...

In a regulatory filing on Friday, Innovative Industrial Properties (IIPR), through indirect, wholly owned subsidiaries serving as landlords, ...

Real estate investment trusts (REIT) are a favorite target of income-seeking investors, since the law requires them to ...

The tenant in question was PharmaCann, a privately held cannabis company that (as of Sept. 30) held the No. 1 spot on Innovative's list of numbers of properties rented, at 11. On top of that ...

Innovative Industrial Properties Inc. (IIPR) is the number one real estate investment trust (REIT) specializing in ...

While the stock is about unchanged after good news about its PharmaCann default came out, I no longer hold it in my model portfolio at 420 Investor. Today, I am explaining why I no longer like IIPR.

The incident happened just before 2:00 p.m. on Wednesday, Jan. 22, at PharmaCann, a cannabis extraction facility located in the 300 block of Log Canoe Circle, authorities said. Emergency crews ...

Innovative Industrial Properties has dropped below $80 per share due to a now-resolved default by PharmaCann. The industrial cannabis REIT offers a record 10.4% dividend yield that's fully covered ...

The graph below depicts the surprise history of the company: Innovative Industrial grabbed much attention in December as the company announced that PharmaCann, one of the nation’s largest ...

On March 14, 2025, PharmaCann Inc., a tenant responsible for 17% of the company’s total rental revenues for the year ended December 31, 2024, defaulted on its rent obligations for nine of its ...

It has dealt with declining revenue and earnings. It also announced in December that one of its largest tenants, PharmaCann, had defaulted on some of its rent obligations. PharmaCann accounted for ...