Cannabis REITs are a developing trend in the cannabis industry. In a sector full to the brim with cultivators and retailers, REITs, or Real Estate Investment Trusts, offer investors a way to play the space without depending on a marijuana grower.
One of the biggest cannabis REITs at present is Innovative Industrial Properties (NYSE:IIPR). Considered the pioneer, IIPR was the first to bring the REIT model into the cannabis space. So far in 2019, IIPR stock has skyrocketed; shares currently sell for $108 USD—a 140% increase year-to-date.
So what is Innovative Industrial Properties doing ...
Get the latest marijuana stock news, cannabis on stock news on PotStockNews