IIPR News and Press, Innovative Industrial Properties Inc. From 11/21/23

2023-11-21 05:00:00 ET Summary Black Friday sales are in full swing, and discounted stocks can offer tremendous upside for the gift-giving season and New Year. Shopping for the best deals can include identifying mispriced stocks that offer extraordinary values and are on sale rela...

2023-11-17 11:56:57 ET Summary Innovative Industrial Properties plays a unique role in a traditional investment portfolio due to its exposure to the cannabis industry. Although an overhang from SH Parent's uncollectibles remains, the REIT has experienced improvements in the rental...

2023-11-17 07:30:33 ET Leading REITs in the Cannabis Industry The United States cannabis industry and top marijuana stocks are experiencing an unprecedented boom, leading to lucrative opportunities for long-term investors. In general, Cannabis Real Estate Investment Trusts (REITs) h...

2023-11-16 21:53:54 ET Summary Innovative Industrial Properties reported strong financial performance in Q3 2023, notably increasing total revenues and profitability. The company's portfolio expansion, high rent collection rates, and strategic leasing activities contributed to its...

2023-11-16 21:03:58 ET Summary Innovative Industrial Properties is a REIT that manages specialized properties leased to state-licensed cannabis operators. IIPR reported a 10% increase in total revenues and a net income of $41 million for Q3. The company's portfolio is well-div...

Nevada authorities are still granting more licenses for consumption lounges , with the state’s marijuana compliance board (CCB) recently giving the green light to six additional conditional licenses for various marijuana businesses, including TGIG LLC; NevadaPure LLC; Higher* Archy LLC;...

2023-11-09 09:59:39 ET Summary EastGroup Properties is a mid-cap REIT that develops, acquires and manages industrial buildings in the Sunbelt States. The company's current occupancy rate is 97.9%, down slightly from the previous quarter, but it has been able to increase rents on r...

2023-11-07 06:54:03 ET Marijuana Stocks 2024 Investment Watchlist Marijuana stock investors are anxious heading into 2024. This past year the cannabis sector saw a lot of growth. This was due to several factors one being the progress of legal markets. The other is companies that are...

2023-11-06 00:39:17 ET Summary Innovative Industrial Properties is currently paying out an 8.9% yield that's 127% covered by fiscal 2023 third quarter adjusted funds from operations. The equity REIT saw 97% rent collection during the third quarter. A dovish Fed pivot and a hea...

Psychemedics, a leading drug-testing technology manufacturer, has unveiled an innovative screening panel that diverges from detecting cannabis , instead focusing on fentanyl and other controlled drugs, as a response to the shifting landscape due to the legalization of cannabis in numerous states...