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Stock impact report

Innovative Industrial Properties' 3 Biggest Accomplishments in 2018 [The Motley Fool]

Innovative Industrial Properties, Inc. (IIPR) 
Company Research Source: The Motley Fool
Not only do marijuana REITs exist, but this one was practically unstoppable this year. The end of the year is now less than five weeks away; and while marijuana stocks may not have ascended to the heavens as in previous years, it's likely to go down as the best year ever for the cannabis industry. The reason? Look no further than Canada's decision to become the first industrialized country in the world to legalize recreational pot on Oct. 17 . Although we're talking about work-in-progress given that growers are nowhere near their full production capacity as of yet, the Canadian weed industry is fully capable of generating billions of dollars in added annual sales from the legalization of adult-use marijuana. Image source: Getty Images. Innovative Industrial Properties made a name for itself this year It's been an equally banner year for the United States . Despite cannabis still sporting a Schedule I classification on Capitol Hill -- i.e., wholly illegal, prone Show less Read more
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