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Innovative Industrial Properties Inc IIPR

Alternate Symbol(s):  IIPR.PR.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. The Company acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately 108 properties comprising 9.0 million square feet (including 722,000 rentable square feet under development/redevelopment) in 19 states, including 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 Operating Partnership, LP, Innovative Industrial Properties, LP, IIPR, Inc. and IIP-GP 2 LLC.


NYSE:IIPR - Post by User

Innovative Industrial Properties Inc
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Comment by BoldForbeson Jan 14, 2020 2:31pm
41 Views
Post# 30552106

RE:Safe act

RE:Safe actJesseB,

I believe IIPR will have to change their business model if the SAFE Act passed.

However, that seems to be a few years off.

I am assuming management is well aware of this.  IIPR has a good brand and understand the industry.  Their growing experience could position them before traditional financing sources with no experience at the moment.

BF
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities