NYSE: IIPR       Innovative Industrial Properties
Last Price Today's Change   Day's Range   Trading Volume
121.35   -0.15 (0.12%)  117.554 - 122.715  114,037


Avg Volume (4 weeks):390,870
4 Weeks Range:117.12 - 136.63
4 Weeks Price Volatility (%):
52 Weeks Range:40.21 - 136.63
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Innovative Industrial Properties Inc was incorporated in Maryland on June 15, 2016. The Company is engaged in the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. The company faces competition from a diverse mix of market participants, including but not limited to, other companies with similar business models, independent investors, hedge funds and other real estate investors, hard money lenders, and cannabis operators.

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