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Innovative Industrial Properties Inc IIPR

Alternate Symbol(s):  IIPR.P.A

Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately d 108 properties comprising an aggregate of approximately 8.9 million rentable square feet (including approximately 1.4 million rentable square feet under development/redevelopment) in Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP-AZ 1 LLC, IIP-AZ 2 LLC, IIP-AZ 3 LLC, IIP-CA 2 LP, and IIP-CA 1 LP.


NYSE:IIPR - Post by User

Post by drbob512on Sep 01, 2020 2:43am
80 Views
Post# 31484878

Rising wedges for semiconductors

Rising wedges for semiconductors& healthcare sectors may portend an imminent correction for the mkt. But as long as we continue to have higher highs & higher lows, the uptrend remains intact. Currently leadership ifrom megacap growth stocks like AAPL TSLA MSFT GOOG NFLX AMZN CRM CRWD NVDA ZM, the Nasdaq & S& P 500 will keep rising. The VIX has been rising past couple days as all expect a mkt consolidation which seems overdue. Every dip gets bought by bulls. So far most stocks have not gone parabolic but when they do, the mkt will correct down soon after.
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