Marijuana Stocks To Consider For Future Profits 2024 As we approach Q2 of 2024 marijuana stock investors are keeping a strong focus on the future. With the level of legal and regulatory uncertainty, the cannabis industry has continued to grow. There have been many ups and downs and hurdles to get past in order to get where the sector is today. At this time there are not many states left in the USA that have not legalized cannabis in some way. The politics and business of cannabis are becoming more embraced ...

Hinterhaus Productions Dear readers, Innovative Industrial Properties (NYSE:IIPR) is a cannabis REIT which specializes in acquiring and leasing cultivation and retail facilities to major cannabis operators in the US. IIPR IR Recently, the REIT has seen increased interest from investors, because of three main factors. 1. a high 7% dividend yield, 2. a reasonable valuation at an implied cap rate of 8%, 3. and significant bullish catalysts that are likely to play-out in the near future. Last time I wrote about ...

Innovative Industrial Properties, Inc. (NYSE:IIPR) Q1 2024 Earnings Conference Call May 9, 2024 1:00 PM ET Company Participants Brian Wolfe - VP, General Counsel, Secretary Alan Gold - Executive Chairman Paul Smithers - President, CEO & Director Ben Regin - Chief Investment Officer Catherine Hastings - Chief Operating Officer David Smith - CFO & Treasurer Conference Call Participants Tom Catherwood - BTIG Scott Fortune - Roth MKM Alexander Goldfarb - Piper Sandler Companies Operator Good day, and welcome to ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Innovative Industrial Properties, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or (I.R.S. Employer Identification No.) organization) Maryland 81-2963381 1389 Center Drive, Suite 200 Park City, UT 84098 (858) 997-3332 (Address of principal executive offices) (Registrant's telephone number) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) ...

Exhibit 99.1 Innovative Industrial Properties Reports First Quarter 2024 Results Executed New Leases at Four Existing Properties Totaling $69.4 Million in Invested/Committed Capital YTD SAN DIEGO, CA – May 8, 2024 – 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.S. cannabis industry, announced today results for the first quarter ended March 31, 2024. First Quarter 2024 and Year-to-Date Financial Resu ...

Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $2.21 per share, missing the Zacks Consensus Estimate of $2.27 per share. This compares to FFO of $2.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -2.64%. A quarter ago, it was expected that this company would post FFO of $2.24 per share when it actually produced FFO of $2.28, delivering a surprise of 1.79%.Over the last four quarter ...

Innovative Industrial Properties, Inc. (IIPR) , a leading real estate investment trust (REIT) specializing in the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities, is set to announce its first-quarter 2024 earnings results on May 8 after market close.In the last reported quarter, Innovative Industrial delivered a surprise of 1.79% in terms of adjusted funds from operations (FFO) per share. Results reflecte ...

Innovative Industrial Properties (IIPR) shares soared 4.8% in the last trading session to close at $103.40. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.2% loss over the past four weeks.The increased optimism in the stock stems from the recent media news on marijuana. The U.S. Drug Enforcement Administration is planning to reclassify marijuana as a lower-risk drug. It recommends considering marijuana as a less stringent sche ...

Innovative Industrial Properties (IIPR) closed the most recent trading day at $97.71, moving -0.17% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.02%. Elsewhere, the Dow saw an upswing of 0.4%, while the tech-heavy Nasdaq appreciated by 2.03%.The company's stock has dropped by 5.47% in the past month, falling short of the Finance sector's loss of 5.37% and the S&P 500's loss of 3.15%.The upcoming earnings release of Innovative Industrial Properties will ...

The latest trading session saw Innovative Industrial Properties (IIPR) ending at $98.69, denoting a +0.06% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.02%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.1%.Heading into today, shares of the company had lost 4.78% over the past month, outpacing the Finance sector's loss of 4.82% and lagging the S&P 500's loss of 3.01% in that time.Market p ...