Medical Cannabis REIT Misled Investors, Suit Claims

By Isaac Monterose · January 21, 2025, 5:05 PM EST

A medical cannabis-focused real estate investment trust lied to its shareholders about the profitability of its leasing operations and declining rents, a new suit has alleged in Maryland federal court....

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Case Information

Case Title

Giraudon v. Innovative Industrial Properties, Inc. et al

Case Number

1:25-cv-00182

Court

Maryland

Nature of Suit

Securities/Commodities

Date Filed

January 17, 2025