Is IIPR Stock a Buy, Hold or Sell After Its 49% Plunge in 3 Months?

The past few months have been challenging for the cannabis REIT, Innovative Industrial Properties, Inc. (IIPR) , as it has faced every landlord's worst-case scenario. One of its top tenants defaulted on a set of its leases, resulting in IIPR shares plunging 49.1% over the past three months, significantly underperforming the Zacks REIT and Equity Trust - Other industry and the S&P 500 composite.The stock has earlier been a favorite for investors in the cannabis sector for its solid dividend yield and long-te ...