Innovative Industrial Properties Inc

NYSE: IIPR
$93.88
+$0.26 (+0.3%)
Closing price April 18, 2024
Innovative Industrial Properties Inc is a unique real estate company that focuses on buying, owning, and managing properties used for cannabis facilities. It works with state-licensed operators in the regulated cannabis industry. The company operates as a real estate investment trust (REIT), a status that influences its tax treatment and investment strategy, emphasizing steady income from rent payments.

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Paul Ausick
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