Tag: IIPR

Avatar photoDebra BorchardtApril 15, 2022
growingfacility-1280x856.jpg
Business

Short Seller Attacks Cannabis REIT

6min00
Blue Orca Capital, named for the killer fish, issued a short-seller report on cannabis REIT Innovative Industrial Properties (NYSE: IIPR) on Thursday. The stock fell over 7% on Thursday to close at $169.68 near its 52-week lows. Markets in the U.S. are closed on Friday for the Good Friday holiday. Parallel Exposure The report wrote, […]
CONTINUE READING
Avatar photoDebra BorchardtMarch 30, 2022
moneystock.jpg
Business

Innovative Industrial’s, ETF’s Exposure To Parallel Cannabis

9min01
Parallel Cannabis’s debt issues have been exposed in the company’s lawsuit with some disgruntled investors. The lawsuit outlined the company’s defaults on its debt obligations and Curaleaf (OTC: CURLF) also noted in its filings that Parallel was no longer buying its Illinois properties saying it had “received correspondence from Parallel’s attorneys indicating that it will […]
CONTINUE READING
Avatar photoDebra BorchardtFebruary 7, 2022
growingfacility-1280x856.jpg
BusinessFinancialReal Estate

Innovative Industrial Properties Pulls $300 Million Offering

3min00
Last week Innovative Industrial Properties, Inc.  (NYSE: IIPR) announced that its operating partnership, IIP Operating Partnership, LP had launched a $300 million offering, but on Friday after the market closed, the company quietly pulled it. The company’s filing stated that it “determined not to proceed with its proposed public offering of $300 million of senior […]
CONTINUE READING
Avatar photoDebra BorchardtNovember 23, 2020
Jushi-Worker-Working-w_-Products-in-Scranton-Facility--1280x853.jpg
Business

Jushi Plans $50 Million Expansion In Scranton, PA

9min00
Jushi Holdings Inc.  (OTCMKTS: JUSHF) said it is planning a $50 million expansion project in Scranton, Pennsylvania which is expected to create more than 100 more new jobs in the Scranton area. The company said it plans to nearly double the square footage of its subsidiary’s grower-processor facility from approximately 90,000 sq. ft. to more than 160,000 […]
CONTINUE READING
Avatar photoStaffJuly 20, 2020
Columbia-Care.jpg
BusinessReal Estate

Columbia Care Sells New Jersey Properties For $12.4 Million

4min00
Columbia Care (OTCQX: CCHWF) sold two of its properties in New Jersey for $12.4 million to Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR). Columbia Care will then rent the two properties which include an industrial building comprising approximately 50,000 square feet and a retail location comprising approximately 4,000 square feet. Columbia Care will continue to operate […]
CONTINUE READING
Avatar photoStaffJune 30, 2020
shutterstock_178709456.jpg
Business

IIPR, GrowGen Both Price, Upsize Offerings

3min00
Cannabis investors remain hungry for stock as long as the company is one with solid and consistent revenue. It seems GrowGeneration Corp. (NASDAQ: GRWG) and Innovative Industrial Properties, Inc. (NYSE: IIPR) are two such companies. Both priced and upsized offerings today IIP Upsizes Huge Offering Innovative Industrial Properties, Inc. (IIP) priced its underwritten public offering of […]
CONTINUE READING
Avatar photoDebra BorchardtMay 7, 2020
IIPR.png
BusinessReal Estate

Cannabis REIT IIPR Defers Rent Payments For Tenants During Pandemic

5min00
Cannabis REIT Innovative Industrial Properties, Inc.  (NYSE:IIPR) reported its results for the first quarter ending March 31, 2020, with total revenues of approximately $21.1 million. This was a 210% increase from the prior year’s first quarter. Innovative Industrial also delivered a net income of approximately $11.5 million or $0.72 per diluted share. The adjusted funds […]
CONTINUE READING
Avatar photoKaitlin DomangueFebruary 27, 2020
plant2.jpg
BusinessFinancial

Innovative Industrial Properties Generates $17 Million in Q4

3min01
Innovative Industrial Properties, Inc. (NYSE: IIPR) reported its earnings from the fourth quarter yesterday, exceeding analysts’ expectations. The quarter ended on December 31st, 2019.  The cannabis real estate company reported total revenue of approximately $17.7 million in Q4, an astonishing 269% increase from the prior year’s quarter. This is an amazing jump from the companies […]
CONTINUE READING

Newer Posts

Older Posts

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.

 Sign up

About Us

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

READ MORE
Recent Tweets
Company