Shareholders claim that IIP downplayed its issues until it was forced to divulge that clients defaulted on contracts.

January 21, 2025) - The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Maryland District Court on behalf of those who acquired ...

One high-yielding stock investors might be tempted to take a chance on these days is that of real estate investment trust ...

For any person or company that makes coin by renting property, a tenant default is the situation nightmares are made of. That ...

PharmaCann, the REIT's top tenant who accounts for 16.5% of their annualized base rent, defaulted on all their leases in late December, failing to pay rent for the month. Although the REIT applied ...

For much of 2024, Innovative Industrial Properties (IIPR 2.52%) was atypical for a marijuana stock in that its share price ...

While Innovative Industrial Properties (NYSE: IIPR) had been managing to stay ahead of nonpaying tenants, the cannabis real ...

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 ...

Ohio House Speaker Matt Huffman, who just a month ago said he wanted to drastically change the state’s marijuana law, has ...

Chicago-based PharmaCann told employees it would shutter its 207,000-square-foot LivWell Michigan cultivation site in Warre ...

INNOVATIVE INDUSTRIAL REPORTS PHARMACANN DEFAULT: Innovative Industrial Properties (IIPR) announced Friday that it previously entered into leases with PharmaCann and its affiliates as tenants for ...

Cannabis workers at the PharmaCann cultivation facility in Dwight, Illinois, have voted overwhelmingly to join Teamsters ...