Should You Buy Innovative Industrial Properties Stock Right Now? [The Motley Fool]
Blackstone Inc. (BX)
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Source: The Motley Fool
Grizzly Research published a scathing report aboutInnovative Industrial Properties(NYSE:IIPRUsually, when a short-seller launches a public attack on a company, the company's shares fall. But IIP's share price actuallyincreasedquickly responded to the Grizzly Research reportIs IIP amarijuana stockImage source: Getty Images.The core issueGrizzly Research wrote a 6-page report that can pretty much be summed up in one question: Is a significant amount of IIP's rental income in jeopardy? The short-seller thinks that the answer to this question is "yes."IIP itself acknowledged in its annual regulatory filing to the SEC that it does face a key risk on this front. It stated that "the inability of any single tenant to make its lease payments could adversely affect our business and our ability to make distributions to our stockholders." The company also said, "Many of our existing tenants are, and we expect that many of our future tenants will be, start-up businesses and may be unable to pay re
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