PA: Court Orders Dissolution of Parallel’s Subsidiary Over $5.8M Rent Debt

Green Market Report The legal battle between distressed cannabis operator Parallel and its landlord, Innovative Industrial Properties Inc. (NYSE: IIPR), has taken a new turn as a Pennsylvania state court ordered the dissolution of Parallel’s subsidiary, Goodblend Pennsylvania LLC, over its failure to pay $5.8 million in rent and penalties. Judge Christine Ward of the Allegheny County […]

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