PharmaCann Fails to Pay Rent Again

New Cannabis Ventures
By Alan Brochstein, CFAMar 17, 2025, 8:04 am210 ptsTop
Large cannabis REIT Innovative Industrial Properties (NYSE: IIPR) reported this morning that its largest tenant, PharmaCann, failed to pay rent again. Recall that it had issued a press release on 12/20 that detailed the initial default. Near the end of January, it reported a default resolution, though it warned…

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