IIPR stock has been on the move since the start of the year, outperforming the broader cannabis market. As of July 5, the stock gained as much as 165% over the year. And a month later, things are still looking good for the real estate company.
This morning, Innovative Industrial Properties (NYSE:IIPR) is trading in the green on the New York Stock Exchange. Why? It likely has to do with last week’s announcement, which stated that the company closed a Pennsylvania-based acquisition in addition to expanding its partnership with PharmaCann.
Here’s what we know. ...
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