Innovative Industrial Properties (NYSE: IIPR) is the popular cannabis real estate investment trust (REIT).
Their business strategy creates a highly predictable cash flow with reliable returns.
IIPR stock is remarkably transparent, as a REIT focused on purchasing income-producing real estate for the medical cannabis growing space.
IIPR stock is considered a conservative way to invest in the cannabis market, supported by the tremendous momentum of state legalization of medical-use cannabis in the US.
Recently, over 70% of IIPR shares were owned by institutional investors and hedge funds.
References:
- Innovative Industrial Properties in 3 Charts – fool.com
- Innovative Industrial Properties Stock Forecast: The Cannabis REIT – financhill.com
- IIPR / Innovative Industrial Properties, Inc. – Institutional Ownership and Shareholders – fintel.io