This "Innovative" Pot Stock Just Reported a Profit and Declared a Dividend [The Motley Fool]
Innovative Industrial Properties, Inc. (IIPR)
US:NYSE Investor Relations:
investors.innovativeindustrialproperties.com
Company Research
Source: The Motley Fool
The ancillary marijuana industry is booming, and this weed stock is a prime example. Over the past 22 years, we've witnessed a near-180 in North America when it comes to cannabis. Mexico, which had long held a negative view of marijuana, legalized medical weed in June 2017. To our north, Canada OK'd the use of medicinal marijuana in 2001, and it now stands on the verge of becoming the first developed country in the world to legalize adult-use cannabis . And within the U.S., we've gone from zero states having legalized marijuana in any capacity in 1995 to 29 as of today, including nine where recreational weed is legal. This change in perception is especially remarkable in the United States, where marijuana remains wholly illegal at the federal level, as evidenced by its Schedule I classification by the U.S. Drug Enforcement Agency. Since 1995, favorability toward the idea of legalizing pot in Gallup's survey has jumped from 25% to an all-time high of 64% as of October 2017.
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IIPR
News
- 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
- Innovative Industrial Properties (IIPR) Exceeds Market Returns: Some Facts to Consider [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