Innovative Industrial Properties Archives

StaffMarch 21, 2023

The Daily Hit is a recap of the top financial news stories for March 21, 2023. On the Site New York Cannabis Store Adds Potency Disclaimers to Some Products One of the five licensed and legal marijuana retailers in New York state just added THC potency disclaimers to a range of its products due to flaws […]

Debra BorchardtMarch 21, 2023

Investor claims IIP lied about due diligence for Kings Garden.

StaffFebruary 27, 2023

The Daily Hit is a recap of the top financial news stories for February 27, 2023. On the Site Cresco Labs, Columbia Care Push Megadeal to Summer 2023 Sunnyside dispensaries’ parent company Cresco Labs (OTCQX: CRLBF) and Cannabist owner Columbia Care Inc. (OTCQX: CCHWF) formally agreed to extend the closing date of their $2 billion, […]

John SchroyerFebruary 27, 2023

Acquisitions boosted IIP's footprint to 119 properties.

StaffJanuary 30, 2023

The Daily Hit is a recap of the top financial news stories for January 30, 2023. On the Site IIP An investor group is suing Innovative Industrial Properties (IIP) (NYSE: IIPR) for not doing proper due diligence in its Kings Garden investment. Investor Michael Mallozzi originally sued IIP in April 2022, when the Blue Orca […]

Debra BorchardtJanuary 30, 2023

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

StaffJanuary 19, 2023

The Daily Hit is a recap of the top financial news stories for January 19, 2023. On the Site Columbia Care Closes Unprofitable Dispensaries, Cuts Jobs In an effort to cut costs and try to become profitable, Columbia Care Inc. (CSE: CCHW) (OTCQX: CCHWF) closed four unprofitable dispensaries and cut its headcount by 25%. Col-Care […]

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 […]

John SchroyerJanuary 11, 2023