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

Tuesday wasn’t overly negative as trading days go, except for the Russell 2000, which was down 0.66%. I don't often write ...

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

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

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 ...

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.

On December 20, 2024, IIPR reported defaults by PharmaCann Inc. (PharmaCann) on six of 11 leases. The default occurred during the month of December and totals $4.2 million in rent, property ...