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Innovative Industrial Properties: Bull vs. Bear

Innovative Industrial Properties: Bull vs. Bear

Innovative Industrial Properties (NYSE: IIPR) carved out for itself a unique opportunity in the marijuana industry: Loaning pot companies money in exchange for taking over management of their real estate through sale-leaseback arrangements. The real estate investment trust (REIT) has done for cannabis what similarly situated companies have done for residential housing, office space, retail, and even healthcare. Keith Speights: Let me first acknowledge that I'm a bull in bear's clothing when it comes to Innovative Industrial Properties.