IIPR Stock Remains a Compelling Play on US CannabisPosted by On


Every kind of investor should take a long look at Innovative Industrial Properties (NYSE:IIPR). It’s not a stretch to say that IIPR stock has it all.

Image of a marijuana grow house

Source: Shutterstock

For income investors, IIPR stock offers an attractive dividend. Growth investors should love IIPR’s profile.

There’s a case for value investors, particularly of the GARP (growth at a reasonable price) persuasion. Even the technicals look reasonably solid at the moment, in a market where momentum has been a huge factor.

To be sure, no stock is perfect. But IIP, particularly among cannabis names, looks as close as you can get.

How Innovative Industrial Properties Works

Innovative Industrial Properties is an REIT (real estate investment trust) that focuses on the medical-use cannabis industry in the U.S.

What IIP does is build and acquire cannabis-related real estate assets: growhouses, processing facilities and dispensaries. It then leases those assets to producers and retailers of medical cannabis across the country.

Those leases are win-win. Particularly in newer markets, cannabis producers and retailers don’t have capital access to build their own facilities. The still-intact national prohibition on marijuana adds another monkey wrench: many federally-regulated banks still don’t want to lend to cannabis companies, even in states where the product is legalized.

IIPR fills the gap. It currently has 67 properties across 17 states. According to a presentation earlier this month,

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Every kind of investor should take a long look at Innovative Industrial Properties (NYSE:IIPR). It’s not a stretch to say that IIPR stock has it all.

Image of a marijuana grow house

Source: Shutterstock

For income investors, IIPR stock offers an attractive dividend. Growth investors should love IIPR’s profile.

There’s a case for value investors, particularly of the GARP (growth at a reasonable price) persuasion. Even the technicals look reasonably solid at the moment, in a market where momentum has been a huge factor.

To be sure, no stock is perfect. But IIP, particularly among cannabis names, looks as close as you can get.

How Innovative Industrial Properties Works

Innovative Industrial Properties is an REIT (real estate investment trust) that focuses on the medical-use cannabis industry in the U.S.

What IIP does is build and acquire cannabis-related real estate assets: growhouses, processing facilities and dispensaries. It then leases those assets to producers and retailers of medical cannabis across the country.

Those leases are win-win. Particularly in newer markets, cannabis producers and retailers don’t have capital access to build their own facilities. The still-intact national prohibition on marijuana adds another monkey wrench: many federally-regulated banks still don’t want to lend to cannabis companies, even in states where the product is legalized.

IIPR fills the gap. It currently has 67 properties across 17 states. According to a presentation earlier this month,



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