1 Hot Marijuana Stock to Buy in June [The Motley Fool]
Innovative Industrial Properties, Inc. (IIPR)
US:NYSE Investor Relations:
investors.innovativeindustrialproperties.com
Company Research
Source: The Motley Fool
1 Hot Marijuana Stock to Buy in June No industry is as hot as the marijuana industry right now. Within the U.S. alone, sales of state-regulated cannabis will grow to more than $ billion by 0, according to the Arcview Group, up from $8. billion in 07. And this doesn't account for the possibility of federal legalization during this time. Within this explosive market, one company, in particular, is delivering scorching gains to shareholders. Image source: Getty Images. Marijuana-focused real estate investment trust (REIT) Innovative Industrial Properties NYSE:IIPR As a REIT, Innovative Industrial Properties pools investor capital and uses it to acquire income-producing real estate. In IIP's case, it purchases regulated facilities used to grow medical marijuana and leases them to state-licensed producers. These tend to be industrial buildings with enclosed greenhouses. IIP then upgrades their electrical, plumbing, lighting, and security systems to make them suitable for cannabis growers.
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News
- The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Innovative Industrial Properties Inc For Securities Law ViolationsAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPRAccesswire
- Bronstein, Gewirtz & Grossman, LLC Encourages Innovative Industrial Properties, Inc. (IIPR) Shareholders to Inquire about Securities InvestigationAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Innovative Industrial Properties, Inc. - IIPRAccesswire
- Innovative Industrial Properties, Inc. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law FirmAccesswire
IIPR
Earnings
- 11/6/24 - Miss
IIPR
Sec Filings
- 1/6/25 - Form 4
- 1/6/25 - Form 8-K
- 1/3/25 - Form 4
- IIPR's page on the SEC website