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Innovative Industrial Properties: Medical Cannabis Rescheduling Implies Bottoming Tenant Default Risks

ByPot Shop News

May 6, 2026

[#item_full_content] IIPR analysis: tenant defaults, AFFO payout strain, and dividend funding risks—plus rescheduling tailwinds and 14.4% yield at ~7x AFFO. Innovative Industrial Properties: Medical Cannabis Rescheduling Implies Bottoming Tenant Default Risks Read More

ByPot Shop News

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Washington residents could get property tax relief if cannabis dispensary opens

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FBI Raids Virginia State Senate Leader’s Office and Weed Shop in Sweeping Corruption Probe
by Jessica Schwalb on May 6, 2026
The FBI raided Virginia state senate president pro tempore L. Louise Lucas's (D.) district office and a neighboring cannabis dispensary she co-owns as part of a corruption probe involving at least 10 locations, Fox News reported Wednesday morning.
FBI searches Virginia lawmaker’s office, cannabis dispensary
by Bobby Oler on May 6, 2026
Lucas is an influential lawmaker in Virginia. She declined to comment.
FBI raids office of Virginia State Senator, also nearby weed dispensary
by Luke Eggleston on May 6, 2026
FBI raids office of powerful Virginia Democrat as part of major corruption, marijuana probe
by Fox News on May 6, 2026
Lawsuit filed in Illinois takes aim at cannabis dispensaries for not warning of mental health risks
by Janelle Walker on May 4, 2026
A lawsuit filed Monday takes aim at companies that sell legal marijuana in Illinois and other states, claiming they don't do enough to warn people about the mental health risks. Two McHenry County attorneys are involved.
‘Weed City’ pushback: New Buffalo crackdown sparks legal fight
by chicagobusiness.com on April 30, 2026
New Buffalo, a popular vacation destination — and a draw for Chicagoans seeking lower-cost cannabis products — and is trying to rein in that trade, but dispensaries are fighting back in court.
GFPD Issues Warning over Weed Dispensary
by Ryan Cunningham on April 30, 2026
(KNOX) - The planned opening of a cannabis dispensary in East Grand Forks (MN) has prompted a warning from Gra...
DEA Application Portal for Expedited Registration of Medical Marijuana Dispensaries is Now Open
by FoleyHoag on April 30, 2026
As previewed in our recent blog posts (here and here), the DEA application portal for expedited registration of medical marijuana dispensaries is now open and businesses are currently able to submit applications.
Is it legal to drink THC beverages while driving in Florida?
by , Daytona Beach News-Journal Online on April 30, 2026
Florida law on low-THC drinks depends on what type it is, but driving under any influence can get you a DUI. Here's what the law says.
Missouri cannabis companies sue Good Day Farm, alleging illegal market takeover
by Sarah Motter on April 29, 2026
Missouri cannabis companies are suing Good Day Farm, alleging an illegal market takeover.
Feds decriminalize medical marijuana
by Daryl Huff on April 29, 2026
The federal government no longer considers medical marijuana as addictive or dangerous as heroin or cocaine after a Justice Department order took effect Tuesday.
Duluth restaurant to make way for new cannabis dispensary
by Peter Passi on April 28, 2026
A mallside Grandma's Restaurant will be replaced by Green Goods.
North Carolina Could Legalize Medical Marijuana Now That It's Been Federally Rescheduled, Senate Leader Says
by Tom Angell on April 28, 2026
North Carolina lawmakers will take a more serious look at legalizing medical marijuana in the state following the Trump administration’s move to reschedule cannabis at the federal level, the state’s top senator says. The North Carolina Senate has passed medical cannabis bills in a number of past sessions that have later stalled out in the
Easing cannabis rules helps dispensaries
by Craig Smith on April 28, 2026
Marijuana has been legal in Arizona for several years while Federal authorities classed it among the hardest of hard drugs. Now the Feds are making a major change.
US DEA medical marijuana registration portal to launch Wednesday
by Jasper Ward on April 27, 2026
Companies seeking to register as medical marijuana dispensaries after U.S. President Donald Trump ordered the rescheduling of cannabis can do so starting on ‌Wednesday, according to a notice on the U.S. Drug Enforcement Administration's website.
DEA Will Start Accepting Applications From Medical Marijuana Businesses That Want Federal Rescheduling Protections This Week
by Tom Angell on April 27, 2026
The Drug Enforcement Administration (DEA) has announced that it will begin accepting applications this week for medical marijuana businesses to apply for federal protections being granted under the Trump administration’s cannabis rescheduling process. The agency’s “Medical Marijuana Dispensary Registration Portal” is set to go live on Wednesday at 9 AM ET. The move follows last
5 years after New York legalized recreational marijuana, thousands of applicants are still waiting to open shop
by Ali Bauman on April 24, 2026
Judge dismisses Puff Cannabis suit, citing waiver that bars legal recourse
by Brian Kerhin, FOX 11 News on April 24, 2026
Puff Cannabis contended it should have been allowed to open last year, but Menominee did not issue a license as it should have.
Massachusetts cannabis officials ‘look forward’ to changes following medical marijuana federal rescheduling
by Grace Zokovitch on April 23, 2026
Medical marijuana licensees in Massachusetts can expect a range of potential benefits following the Trump administration’s rescheduling of cannabis as a less dangerous class of drug Thursday, the Cannabis Control Commission stated.
How the reclassification of medical marijuana could impact Maryland dispensaries and researchers
by Tara Lynch on April 23, 2026
Trump reclassifies state-licensed medical marijuana as less-dangerous drug
by PBS News on April 23, 2026
The order signed by Todd Blanche does not legalize marijuana for medical or recreational use under federal law. But it does change the way it's regulated.
St. Louis smoke shop halts sale of THC edibles packaged like candy
by Rebecca Rivas on April 23, 2026
Pressure STL sells a lookalike package of Skittles, where each piece of candy contains 20mg of THC.
Trump administration reclassifies cannabis in major shift that could expand scientific research
by Brandon Gomez on April 23, 2026
Trump administration to reclassify marijuana as Schedule III, easing research barriers but not legalizing the drug or changing current federal penalties.
Medical marijuana could soon be available in Alabama: ‘We’re almost there’
by Anna Barrett,Alabama Reflector on April 23, 2026
Litigation has held up access to medical cannabis. Some firms sued for not being awarded a license.
Trump ready to move on cannabis rescheduling (Newsletter: April 23, 2026)
by Tom Angell on April 23, 2026
VA lawmakers reject gov’s marijuana amendments; CA dispensary drive-thrus; Federal cannabis research bill; Legalization poll Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Free to read (but not free to
California Lawmakers Vote To Allow Drive-Thrus At Marijuana Dispensaries
by Tom Angell on April 22, 2026
A bill that would allow California marijuana stores to offer drive-thru windows to serve customers is advancing in the state legislature. The measure, which cleared the Assembly Business and Professions Committee in a 17-2 vote on Tuesday, says that licensed cannabis retailers and microbusinesses with storefronts can sell marijuana products “to a customer in a
Trump Administration Ready To Move Ahead On Marijuana Rescheduling, Four Months After President's Executive Order, Report Says
by Tom Angell on April 22, 2026
The Trump administration is reportedly ready to move ahead with marijuana rescheduling. More than four months after President Donald Trump signed an executive order directing the attorney general to expeditiously finish the process of moving cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA), the administration may be finally prepared to
Missouri hemp stores say products are legal, dispute evidence behind AG crackdown
by Rebecca Rivas, Missouri Independent on April 22, 2026
Missouri Attorney General Catherine Hanaway has ordered 33 stores to stop selling intoxicating hemp products, but many shop owners say the products remain legal under federal law and plan to keep selling them until new federal restrictions take effect Nov. 12.
La Mesa to allow cannabis dispensaries to identify themselves in signage
by Hannah Elsmore on April 21, 2026
Officials said signs identifying retailers as a “dispensary” will reduce confusion
2nd recreational marijuana shop opens on Pennsylvania border in Phillipsburg
by Kurt Bresswein | For lehighvalleylive.com on April 20, 2026
Broad Street Buds is having its soft opening, with its doors open seven days a week to customers 21 and older with valid identification.

Innovative Industrial Properties: Medical Cannabis Rescheduling Implies Bottoming Tenant Default Risks

ByPot Shop News

ByPot Shop News

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Washington residents could get property tax relief if cannabis dispensary opens

Second break-in reported at Turner cannabis business

Idaho Medical Cannabis Legalization Campaign Submits 2x Signatures Needed

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