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Michigan's Skymint Heading Towards Inevitable End, Its Assets Slated For Auction In August
Thursday, July 6, 2023 - 6:22pm | 530Michigan-based cannabis company, Skymint has been going through a rough patch lately, to say the least. Now, the cannabis operator prepares to be auctioned off following its collapse and court-appointed receivership earlier this year. The auction, scheduled by receiver Gene Kohut of Trust Street...
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Michigan Court Approves Order For The Appointment Of Receiver Over Skymint Assets
Monday, March 13, 2023 - 8:31am | 564SunStream Opportunities LP, an affiliate of SunStream Bancorp Inc., a joint venture sponsored by SNDL Inc. (NASDAQ: SNDL), has submitted the entry of a stipulated order by the Circuit Court for the County of Ingham, Michigan, for the appointment of a receiver in respect of all of the assets of...
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Innovative Industrial Properties Reports Unaudited Q1 2022 Revenue Growth Of 50% To $64.5M YoY
Thursday, May 5, 2022 - 9:01am | 653Innovative Industrial Properties, Inc. (NYSE: IIPR) released unaudited results for the first quarter ended March 31, 2022. Q1 2022 Financial Highlights Generated total revenues of approximately $64.5 million in the quarter, representing a 50% increase from the prior year’s quarter....
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Cannabis REIT IIP Buys $15.6M Michigan Property From Skymint, Total Assets In State Surpass $193M
Monday, April 19, 2021 - 1:32pm | 498Cannabis-focused real-estate company Innovative Industrial Properties, Inc. (NYSE: IIPR) confirmed Monday it has bought a property in Windsor, Michigan for around $15.6 million. The property is located at 9410 Davis Highway. What Happened In relation to the transaction, the company signed a...
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Michigan Marijuana Regulatory Agency's Latest Weekly Licensing Report
Tuesday, March 17, 2020 - 1:20pm | 664In November 2018, Michigan voters legalized recreational cannabis, creating the Michigan Regulation and Taxation of Marihuana Act. Sales of recreational cannabis began Dec. 1. The Michigan Marijuana Regulatory Agency has released its weekly licensing report for the period of March 2-6 and its adult...