PharmaCann: PharmaCann Fails to Pay Rent Again
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 that the company needed to refinance [...]
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CEO
Brett Novey
PharmaCann is an Illinois-based company that owns and operates cannabis brands producing CBD-infused products such as edible oils and capsules for the healthcare sector.
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