Innovative Industrial Properties Inc

NYSE: IIPR
$98.30
-$0.68 (-0.7%)
Closing price April 12, 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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