Marijuana REIT invests $17.5 million in sale-leaseback deal

Thursday, 14 May 2020, 21:41:49
Innovative Industrial Properties (IIP), a real estate investment trust based in San Diego that specializes in sale-leaseback deals in the marijuana industry, spent $17.5 million to do such a transaction near its Southern California headquarters. IIP bought a 70,000-square-foot facility and quickly signed a long-term lease with Kings Garden, a cannabis company based in the Coachella […] Marijuana REIT invests $17.5 million in sale-leaseback deal is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
— Marijuana Business Daily

Innovative Industrial Boosts California Base on Asset Buyout

Thursday, 14 May 2020, 13:14:00
Expansion of portfolio with the California property buyout and lease with Kings Garden will help Innovative Industrial Properties (IIPR) bank on favorable trends as well as drive top-line growth.
— Zacks Investment Research

IIPR Stock Falls after Reporting Weak Q1 Performance – Market Realist

Thursday, 7 May 2020, 11:45:26
On May 6, Innovative Industrial Properties reported its first-quarter results after the market closed. The company posted an adjusted EPS of $0.72.
— Market Realist

Cannabis REIT Innovative Industrial Properties shares fall after earnings

Wednesday, 6 May 2020, 22:09:04
Marijuana real estate investment trust Innovative Industrial Properties Inc. undefined shares fell 2.6% in after-hours trading Wednesday after the company…
— MarketWatch

Is Innovative Industrial Properties the Best Pot Stock to Buy Right Now? | The Motley Fool

Sunday, 3 May 2020, 16:50:00
Cannabis stocks are largely having a terrible 2020 — but IIPR stock is holding its own.
— The Motley Fool