IIPR Archives

John SchroyerNovember 1, 2023

Rent collections for the REIT remained strong at 97%.

StaffSeptember 21, 2023

The Daily Hit is a recap of the top financial news stories for Sept. 21, 2023. On The Site Innovative Industrial Properties Gets Investor Lawsuit Dismissed An investor lawsuit that accused cannabis REIT (real estate investment trust) Innovative Industrial Properties (IIP) (NYSE: IIPR) of knowing about a fraudulent scheme by its tenant Kings Garden was dismissed by a […]

StaffAugust 3, 2023

The Daily Hit is a recap of the top financial news stories for Aug. 3, 2023. On The Site Former FDA Regulator Predicts Cannabis Rescheduling This Year A former attorney and enforcement czar at the U.S. Food and Drug Administration told Green Market Report in an exclusive interview he believes the Biden administration is poised […]

Adam JacksonJune 7, 2023

Monday's lawsuit alleges that IIPR violated Maryland law by not investigating previous claims.

John SchroyerMay 8, 2023

100% of the company's properties are leased.

John SchroyerFebruary 27, 2023

Acquisitions boosted IIP's footprint to 119 properties.

Adam JacksonFebruary 16, 2023

Tilt Holdings (NEO: TILT) (OTCQX: TLLTF) refinanced its legacy debt and paid off nearly half of its outstanding liabilities borrowed over the years. With $46 million worth of nonrevolving debt left on the books, the company refinanced a $38 million loan carrying a floating interest rate “at the higher of 16% or prime plus 8.5%” and […]

Debra BorchardtJanuary 30, 2023

Lawsuit alleges IIP knew it was a Ponzi scheme, but said nothing.

Debra BorchardtJanuary 19, 2023

Innovative Industrial Properties, Inc. (IIP)(NYSE: IIPR) announced that its rent collections have dropped from 100% at this time last year to just 92% for the month ending January 31, 2023. The company said it had collected 97% of its rent at the end of December. The company’s stock was plunging by over 14% on the […]

Debra BorchardtAugust 24, 2022