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Last week, Innovative Industrial Properties (NYSE: IIPR) , a real estate investment trust (REIT) focused on the U.S. cannabis sector, reported solid third-quarter results . Revenue jumped 32% year over year to $70.9 million, driven primarily by the acquisition and leasing of...
Summary U.S. equity markets slumped this week after the Federal Reserve approved another "jumbo" rate hike while lukewarm employment data pushed back the timeline for a potential "pivot" towards less-aggressive tightening. Retreating following its best week since November 2020, th...
Summary HASI and MPW are up considerably over the last few days, while DLR has continued to struggle. Another REIT that we have been covering that has fallen on hard times is Innovative Industrial Properties. Shares have jumped by over 13% during the last five days and over 8%...
Image source: The Motley Fool. Innovative Industrial Properties (NYSE: IIPR) Q3 2022 Earnings Call Nov 03, 2022 , 1:00 p.m. ET Operator Continue reading For further details see: Innovative Industrial Properties (IIPR) Q3 2022 Earnings Cal...
Innovative Industrial Properties, Inc. (IIPR) Q3 2022 Earnings Conference Call November 3, 2022 1:00 PM ET Company Participants Brian Wolfe - General Counsel Alan Gold - Executive Chairman Paul Smithers - President and Chief Executive Officer Catherine Hastin...
Innovative Industrial Properties (NYSE: IIPR) released solid third-quarter results after the market close on Wednesday. Here's how the quarter turned out for the cannabis-industry-focused real estate investment trust (REIT) and its investors. Data source: Innovative Industri...
Innovative Industrial Properties Inc. (NYSE: IIPR) pulled in revenue of almost $71 million in the third quarter of 2022, with a net income of $37.3 million, but its stock price continues to suffer along with much of the cannabis industry. According to a news release , the comp...
Innovative Industrial Properties ( NYSE: IIPR ) reported Q3 earnings and revenue that beat Wall Street consensus estimates, as revenue climbed on tis acquisition and leasing of new properties and additional infrastructure allowances led to higher rents at certain properties. ...
Innovative Industrial Properties press release ( NYSE: IIPR ): Q3 AFFO of $1.97 beats by $0.08 . Revenue of $70.9M beats by $2.47M . Shares -2.2% . Recorded net income attributable to common stockholders of approximately $37.3 million for the quarter, o...
$368.6 Million of New Investments in First Nine Months of 2022 Drives 30%+ Increase Year-Over-Year in Q3 Total Revenues Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U...
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The state of Ohio legalized the medical use of cannabis in 2016, making it the 25th state in the country to do so. As of March 2024, the state had registered 167,153 patients who were legally allowed to use medical cannabis. Ohio’s medical cannabis program covers 26 eligible conditions ...
2024-07-24 09:21:03 ET 3 Marijuana Stocks For Your Watchlist Today The cannabis industry has seen massive growth over the last several years. This success has led to many investing and taking profits. Cannabis once viewed as a taboo substance has turned into one of the biggest consu...