Top Cannabis Real Estate Stocks for July 2025: REITs with Strong UpsideCannabis REITs are gaining momentum this week as investors seek dividend-paying stocks with long-term growth potential. These companies lease properties to licensed cannabis operators, generating steady income for their shareholders. As the cannabis sector matures, real estate investment trusts provide stability and consistent payouts. The U.S. cannabis market is projected to reach over $45 billion by the end of 2025. Annual growth rates ...

Company Overview - Innovative Industrial Properties (IIPR) is a NYSE-listed REIT providing real estate capital to the regulated cannabis industry, founded in 2016[10] - The company has a diversified portfolio of over $2.4 billion in cannabis real estate[19] - IIPR's portfolio includes 108 properties (103 operating) across 19 states, with 82 million rentable square feet[24] Financial Performance - The company's Q4 2023 annualized dividend was $728 per share[24] - IIPR's Q4 2023 total revenue was $792 million[24] - The company's debt to total gross assets is 12%[53] Market and Portfolio - The regulated cannabis sales are estimated to grow to $43 billion by 2027[10] - The company's portfolio is diversified across 19 states, with a focus on industrial properties (92% of annualized base rent)[31] - The top ten tenants represent approximately 76% of the company's annualized base rent[48]