2024-05-14 00:05:46 ET
Summary
- Innovative Industrial Properties offers exposure to the cannabis industry through rent, allowing investors to generate income.
- Despite its brief history, IIP has seen significant growth but has slowed down in recent years.
- IIP primarily builds its portfolio through sale-leaseback transactions, with long-dated, triple-net leases.
- Yet, there is a history of selling shares at meager prices, hurting long-term returns.
Innovative Industrial Properties ( IIPR ) ("IIP") represents an interesting way to seek exposure to the cannabis industry: through rent. As a REIT, IIP allows investors a chance to generate income from such exposure, as many of the cannabis producers and vendors themselves do not offer dividends....
Read the full article on Seeking Alpha
For further details see:
Innovative Industrial Properties: Fair Price, No Signs Of Recreating Its Past