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  "documentTitle": "Innovative Industrial Properties, Inc. (IIPR)",
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  "notes": "Includes a Gantt chart showing original construction schedule vs. reality.",
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      "text": "We question why PharmaCann is willing to pay, or can afford to pay over $3M in rent per year without being able to use the facility at all.",
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      "text": "Discount Treatment: We believe rent payment for should be completely discounted due to the fact that the property is simply not developed or usable.",
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      "text": "Lansing MI Ascend Wellness Core Issue: Overpayment. Transaction details: On 07/09/2019, IIPR closed the acquisition of a property in Lansing, MI... purchase price was approximately $4.8M, with additional reimbursement for improvements of up to $15M.",
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      "text": "However, according to this report, construction was severely delayed and only began in December 2019... We question why PharmaCann is willing to pay, or can afford to pay over $3M in rent per year without being able to use the facility at all.",
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