Trulieve Sets Records While Some Florida Competitors Implode [Seeking Alpha]
Innovative Industrial Properties, Inc. (IIPR)
US:NYSE Investor Relations:
investors.innovativeindustrialproperties.com
Company Research
Source: Seeking Alpha
SummaryTrulieve sales revenue rose 146% and its EPS soared 470% in Fiscal 2019.Trulieve's total sales and sales per dispensary dwarf all other medical marijuana companies in Florida.Medical marijuana sales in Florida have reached an estimated annual rate of $1 billion.Trulieve with 1.756 million square feet of cultivation has been able to meet the surge in demand for flower and other products.Trulieve is likely to report record sales and profits for Q1 2020.Trulieve’s (OTCPK:TCNNFToday’s TrulieveTrulieve dominates the Florida medical marijuana market regardless of what metric is used. At the end of February 2020 it had a database of284,575 customers.11,08012,130349200 vehicles6% of its sales7,3002.7 times$121Medical Marijuana Treatment Center, MMTC, is the name given to companies licensed to grow, process and sell medical marijuana under Florida's vertical, seed to sale system. MMTCs sell their products at retail stores which are called dispensaries. Only patients with Office of Medic
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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