A Marijuana REIT? Yeah, That's a Real Thing [The Motley Fool]
Innovative Industrial Properties, Inc. (IIPR)
US:NYSE Investor Relations:
investors.innovativeindustrialproperties.com
Company Research
Source: The Motley Fool
This could be a unique new way of investing in the cannabis industry without buying pot growers. The marijuana industry is blazing ahead, and investors certainly aren't missing a beat. Over the trailing two-year period, we've witnessed no shortage of triple- and quadruple-digit percentage gains from marijuana stocks. In North America, legal cannabis sales shot higher by 33% in 2017 to $9.7 billion, and they're expected to continue growing at an average annual pace of 28% through 2021, according to research firm ArcView Group. In a decade, North American legal pot sales could eclipse $47 billion. Image source: Getty Images. What's more, there's been a clear shift in the way the public perceives cannabis. Gone are the days where discussing marijuana was considered taboo. As of October 2017, Gallup found that almost two out of three respondents in its annual survey supported legalization. By comparison, support for legalization stood at just 25% in 1995, the year before
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IIPR
News
- Why Innovative Industrial Properties (IIPR) Dipped More Than Broader Market Today [Yahoo! Finance]Yahoo! Finance
- The Cannabis REIT Conundrum [Seeking Alpha]Seeking Alpha
- Innovative Industrial Properties (IIPR) Exceeds Market Returns: Some Facts to Consider [Yahoo! Finance]Yahoo! Finance
- Innovative Industrial Properties: Attractive Ahead Of Bullish Catalysts [Seeking Alpha]Seeking Alpha
- These REITs Yield Up to 7.1% and Have Long Track Records of Dividend Growth [Yahoo! Finance]Yahoo! Finance
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