IIPR INNOVATIVE INDUSTRIAL PROPERTIES INC Payment Defaults 8-K Filing 2025 - Rent Default On March 14, 2025, PharmaCann defaulted on $2.7 million in rent for nine leases with Innovative Industrial Properties, which accounted for 17% of its rental revenue for 2024. The company is considering eviction proceedings while continuing discussions with PharmaCann regarding the leases.Get access to all SEC 8-K filings of the INNOVATIVE INDUSTRIAL PROPERTIES INC