Innovative Industrial Properties Pulls $300 Million Debt Offering Due to Market Conditions

New Cannabis Ventures
By Alan Brochstein, CFAFeb 4, 2022, 5:40 pm216 pts
Earlier this week, Cannabis REIT Innovative Industrial Properties (NYSE: IIPR) began marketing a $300 million debt offering. After the close on Friday, the company disclosed in an SEC filing that it has decided to not proceed due to market conditions. The company, which manages approximately $1.7 billion of…

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