Company description
IIPR, or Innovative Industrial Properties, is a real estate investment trust (REIT) that specializes in the acquisition, ownership, and management of industrial properties leased to state-licensed medical cannabis operators in the United States. Founded in 2016, the company has quickly become a leader in the ever-expanding cannabis industry, providing long-term real estate solutions to operators in highly regulated markets such as California, Colorado, and New York. With a strong focus on acquiring properties with high growth potential and long-term leases, IIPR has built a diversified portfolio of over 70 properties, valued at over $1 billion. The company's unique business model and experienced management team have earned them a solid reputation in the industry, attracting investments from both institutional and individual investors. As the demand for medical cannabis continues to rise, IIPR is well-positioned for future growth and success.