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Stock impact report

Why Marijuana's Top Dividend Stock Has High Hopes for Future Growth [The Motley Fool]

Innovative Industrial Properties, Inc. (IIPR) 
Company Research Source: The Motley Fool
Why Marijuana's Top Dividend Stock Has High Hopes for Future Growth Marijuana stocks Given the incentive to invest available capital toward future growth, most marijuana stocks don't pay a dividend. Innovative Industrial Properties ( NYSE:IIPR requires profitable marijuana-industry companies Image source: Innovative Industrial Properties. A strong executive team Perhaps the most valuable asset that Innovative Industrial Properties has is its leadership team. Executive chair Alan Gold has extensive experience in the real estate industry, and as co-founder of the privately held BioMed Realty Trust, Gold worked to find suitable laboratory and office properties for life sciences companies. CEO Paul Smithers has years of legal and regulatory experience, while CFO Catherine Hastings has an appropriate mix of accounting and real estate background. Much of the rest of Innovative Industrial's leadership team came from BioMed Realty as well, including its general counsel, controller, and direc Show less Read more
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