|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||187.97 - 194.07|
|52-week range||187.97 - 194.07|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||43.98|
|Earnings date||22 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Such enterprises often beget lucrative stock investments, and investors often turn to such stocks in hopes of beating the market. IIP is a different kind of real estate investment trust (REIT). IIP is one of the few REITs devoted exclusively to this property type.
Cannabis stocks aren't typically high on my list of go-to durable wealth creators -- except when it comes to Innovative Industrial Properties (NYSE: IIPR). Between its highly repeatable business model, persistently rising cash flows, and valuable service it provides for the cannabis industry, Innovative Industrial Properties (IIP) is a great option to increase your chances of retiring as a millionaire. Let's analyze how IIP makes money and why it might be a good fit for your portfolio.
Many cannabis stocks went to pot last year. Shares of the four biggest Canadian cannabis producers ended 2021 in negative territory. The overall dismal performance could cause some investors to stay completely away from cannabis stocks.