Innovative Industrial Properties

Innovative Industrial Properties, Inc. (NYSE:IIPR), a real estate investment trust (REIT) focused on cannabis released its Q3 2024 results Wednesday afternoon, reporting solid profitability despite tenant-related rent delays. Key Financial Highlights Revenue: $76.5 million, down 1.7% from Q3...

With increasing state-level legalizations, real estate investment trusts (REITs) such as Innovative Industrial Properties, Inc. (NYSE: IIPR) NewLake Capital Partners, Inc. (OTCQX: NLCP) and Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) are funds that provide capital,...

In a significant move within Michigan’s cannabis industry, Lume Cannabis Co is set to take over a large cannabis grow operation near Lansing, previously operated by Skymint. The transition comes as Skymint restructures, stepping away from cultivation to focus on its retail presence across the...

Investor Ross Weintraub is suing cannabis REIT Innovative Industrial Properties Inc (NYSE: IIPR) over failed due diligence in its Kings Garden investment. The plaintiff claims IIP failed to be truthful to investors about its business dealings with Kings Garden, writes Green Market Report...

Innovative Industrial Properties (IIP), a Maryland-based real estate investment trust focusing on the regulated cannabis industry, recently sponsored the 2022 Benzinga Cannabis Capital Conference. By providing state-licensed cannabis operators with specialized real estate assets and solutions, IIP...

Innovative Industrial Properties, Inc. (NYSE: IIPR), announced that it has commenced a public offering of 1,000,000 shares of its common stock. IIPR is an internally-managed real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized...

Innovative Industrial Properties, Inc. (NYSE: IIPR) a real estate company focused on the U.S. cannabis industry, announced its results for the fourth quarter and year ended December 31, 2021. Full Year 2021 Highlights Generated total revenues of approximately $204.6 million, net...

Cannabis-focused real estate company Innovative Industrial Properties, Inc. (NYSE: IIPR)  acquired a property in Illinois for $6.5 million and signed a long-term lease with a subsidiary of 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF). Deal Details ...

Cannabis-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...

This weekend's Barron's cover story offers a look at the 100 must sustainable companies. Other featured articles discuss the changing vaccine industry, the history of electric vehicles and consolidation in the defense sector. Also, the prospects for a medical-diagnostics company, a high-...

This article by Camila Ferezin was originally published on The Green Fund, and appears here with permission. Innovative Industrial Properties (IIPR) occupies a niche in the cannabis industry, by performing sale-and-leasebacks as a means of providing finances to cannabis companies. Evidently,...

4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is poised to secure some $30 million in financing through a partnership with Innovative Industrial Properties Inc. (NYSE: IIPR). The Phoenix-based company entered into sale-leaseback agreements with the cannabis REIT at its cultivation...

Innovative Industrial Properties Inc. (NYSE: IIPR) bought a property in Lakeland, Florida, for roughly $19.6 million, excluding transaction costs. The San Deigo-based REIT confirmed Monday, it has taken over a property from Parallel's associate, which remained undisclosed....

Michigan-based Green Peak Innovations this week announced the closing of an oversubscribed mezzanine debt round worth over $30 million. The Cannabis Capital Conference returns to Toronto April 17-18! What Happened The mezzanine debt round is in line with the company's plans to expand in...

“While we focus mostly on private companies, I do think there are some exciting sectors [for the cannabis industry] like the testing technologies sector as well as the AgTech sector,” Troy Dayton CEO of the ArcView Group and famed legalization advocate told Benzinga in a recent...