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Stock impact report

Alan Gold, Executive Chairman of Innovative Industrial Properties, Responds to Short-Seller Report

Innovative Industrial Properties, Inc. (IIPR) 
Company Research Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, today announced that it is aware of a short-seller report released earlier today, which contains numerous false and misleading statements about IIP and its Executive Chairman, Alan Gold. The report is flawed and demonstrates a fundamental misunderstanding of IIP’s business model. As such, most of the report’s content does not warrant a response from IIP. Mr. Gold, however, strongly refutes any inference that he is not firmly committed to the long-term success of IIP.Alan Gold has served as IIP’s Executive Chairman since IIP’s inception in 2016. Prior to co-founding IIP, Mr. Gold’s 30 years of real estate experience included co-founding BioMed Realty Trust, Inc. (formerly NYSE: BMR) in 2004 and serving as chairman, president and chief executive officer of BioMed Realty, leading B Show less Read more
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