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 […]
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 […]
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 […]
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 […]
The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis