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 ...

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

Innovative Industrial is one of the very few real estate investment trusts (REITs) operating that focuses solely on ...

The average retail price for an ounce of recreational marijuana flower dropped to $65.21 in February, down nearly 30% ...

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 ...

Recreational marijuana prices in Michigan dropped nearly 30% in February compared to a year ago, according to the Cannabis ...

The REIT struck an advantageous deal with a troubled tenant. 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 ...

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.

While declining prices, among other factors, have led to some recent high-profile closures of grow facilities, such as PharmaCann's cultivation center in Warren and Fluresh's facility in Adrian ...