IIPR stock has been an investor favorite in 2019, and it’s not hard to understand why. These shares packed on an incredible 177% year-to-date. Shares of the cannabis REIT firm, Innovative Industrial Properties (NYSE:IIPR), have been spurred on by the company’s business model, which is a first in the cannabis sector.
However, last week shares tumbled as the company announced it would be raising cash by offering an additional 1.25 million shares.
IIPR Stock Hit By Stock OfferingInnovative Industrial Properties has brought the real estate investment trust (REIT) model to the cannabis industry; ...
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