If Trump Is Reelected, Cannabis Reform Is Dead Until 2025 [The Motley Fool]
Innovative Industrial Properties, Inc. (IIPR)
US:NYSE Investor Relations:
investors.innovativeindustrialproperties.com
Company Research
Source: The Motley Fool
If Trump Is Reelected, Cannabis Reform Is Dead Until 2025 A number of clues suggest federal marijuana reform efforts will fall flat if Donald Trump wins the 2020 election. For years, cannabis has been one of the fastest-growing industries on the planet. It's helped to create approximately 243,700 full-time equivalent jobs as of January 2020, according to cannabis website Leafly. Worldwide weed sales also more than tripled to $10.9 billion between 2014 and 2018. Although estimates vary wildly, Wall Street is looking for the pot industry to generate at least $50 billion in global sales by 2030, which offers plenty of promise for the industry and marijuana stock investors. However, the green rush is limited in most countries by federal regulations, and that glass ceiling is definitely in place within the United States. In the U.S., marijuana remains a Schedule I substance at the federal level. In layman's terms, this means it's an entirely illegal drug that's prone to abuse and isn't rec
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News
- Innovative Industrial Properties (IIPR) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Innovative Industrial Properties to Report 2024 First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Innovative Industrial Properties to Report 2024 First Quarter ResultsBusiness Wire
- Why Innovative Industrial Properties (IIPR) Dipped More Than Broader Market Today [Yahoo! Finance]Yahoo! Finance
- The Cannabis REIT Conundrum [Seeking Alpha]Seeking Alpha
IIPR
Earnings
- 2/26/24 - In-Line
IIPR
Sec Filings
- 4/1/24 - Form DEFA14A
- 4/1/24 - Form DEF
- 3/4/24 - Form 8-K
- IIPR's page on the SEC website