Innovative Industrial Properties (IIPR) closed at $93.62 in the latest trading session, marking a -0.92% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.58%. Meanwhile, the Dow lost 0.12%, and the Nasdaq, a tech-heavy index, lost 1.15%.The company's shares have seen a decrease of 3.19% over the last month, surpassing the Finance sector's loss of 6.34% and falling behind the S&P 500's loss of 1.09%.Investors will be eagerly watching for the performance of Innovative In ...

Cannabis stocks are buzzing with optimism on the back of widespread positive updates. Germany recently legalized pot for recreational use, while Canada is rethinking cannabis taxes. Moreover, Florida is eyeing legalization through a November ballot. These positive developments are pushing cannabis stocks to fresh highs, offering a healthy upside ahead.Furthermore, we’re seeing cannabis’ legal status evolve, and public support in the U.S. is hitting record levels. With global sentiment shifting towards accep ...

In the latest trading session, Innovative Industrial Properties (IIPR) closed at $98.98, marking a +1.22% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.74%. Elsewhere, the Dow saw a downswing of 0.01%, while the tech-heavy Nasdaq appreciated by 1.68%.The the stock of company has risen by 0.11% in the past month, leading the Finance sector's loss of 3.65% and undershooting the S&P 500's gain of 0.8%.The upcoming earnings release of Innovative Industrial Pr ...

Morsa Images Dear readers, Innovative Industrial Properties, Inc. (NYSE:IIPR) is a cannabis REIT which owns just over a hundred properties located across the country. Similarly to its peer NewLake Capital Partners, Inc. (OTCQX:NLCP), it operates primarily in license-limited states, which significantly lowers new competition due to higher barriers of entry and reduces the risk because the license is often tied to the property which makes re-leasing (in case of tenant default or lease expiry) a lot easier. Th ...

Slowly but surely, whispers and rumors of widespread cannabis legalization are swirling to the surface. Though cannabis stocks’ last big run, in the late 2010s, far eclipses today’s market and per-share pricing, we’re gradually seeing top cannabis stocks to buy tick upward. The most recent bullish tailwinds are multi-pronged and global, with Germany and Florida alike angling toward more widespread recreational legalization.We may be finally seeing the cannabis domino effect come into existence as legalizati ...

Are real estate stocks heading for a tumble? Increasingly, short sellers are betting that real estate is in for a difficult time in 2024 and beyond. It’s not hard to see why. There are several reasons for concern for the sector. Higher interest rates have a dramatic negative impact on the value of existing real estate, as it costs more for landlords to service the debts on their properties. In addition, as the yields on alternative investments, such as government bonds, go up, the value of real estate stock ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From _______to ________ Commission File Number: 001-37949 Maryland 81-2963381 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Ide ...

Innovative Industrial Properties, Inc. (NYSE:IIPR) Q4 2023 Earnings Conference Call February 27, 2024 1:00 PM ET Company Participants Brian Wolfe - General Counsel Alan Gold - Executive Chairman Paul Smithers - President & Chief Executive Officer Ben Regin - Chief Investment Officer Catherine Hastings - Chief Operating Officer David Smith - Chief Financial Officer Conference Call Participants Tom Catherwood - BTIG Scott Fortune - ROTH MKM Alexander Goldfarb - Piper Sandler Eric Des Lauriers - Craig-Hallum C ...

Exhibit 99.1 Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2023 Results FY 2023 Net Income and AFFO Per Share Increased 5% and 7% over 2022, Respectively SAN DIEGO, CA – February 26, 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 fourth quarter and year ended December 31, 2023. Full Year 2023 | | | | | | Years Ended ...

Lease Expiration Schedule as of September 30, 2023(1) | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------|--------------------------------------|-------|-------------|---------------|--------|---------------------|------------------------|-----------------------------------|---------| | | IIP Portfolio \nAnnualized Base Rent | \n(1) | (2) | ABR | # of | Second Quarter 2023 | (3) \nAdjusted (4) | Tenant Information \nMarket (5) | MSO (6) | | # Tena ...