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

Cannabis stocks slump, but cannabis REITs offer potential. Discover why IIPR stands out with lower leverage, dividend ...

During the bustling atmosphere of the Benzinga Cannabis Capital Conference, PharmaCann CEO Brett Novey discussed the spontaneous and insightful exchanges that often occur away from the formal agenda.

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 ...

The number of financially distressed marijuana businesses has begun hitting the real estate landlord business harder over the ...

Its most recent milestones include almost $2.5 billion in invested capital as it operates 109 properties in 19 states across ...

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

The company applied $5.7 million in security deposits for contractually due rent, including $4.3 million from PharmaCann. Debt-to-gross assets remains low at 11%, with $300 million in fixed-rate ...

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.

Innovative Industrial Properties disclosed on Friday that three of its tenants and one loan borrower defaulted on their payments, which came after PharmaCann, the company’s largest tenant ...

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 eleven ...

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 ...