Tag: Cannabis REIT

Cannabis REIT Triples Revenue in Q1 to $21.1 Million

Innovative Industrial Properties Reports First Quarter 2020 Results Acquisitions Drive 210% Q1 Total Revenues, 249% Q1 Net Income and 236% Q1 AFFO Growth Year-over-Year SAN DIEGO, May 06, 2020–(BUSINESS...
- May 6th, 2020 at 4:57 pm

Cannabis REIT Raises $217 Million with Equity Offering

Innovative Industrial Properties Prices Public Offering of 2,967,799 Shares of Common Stock SAN DIEGO, January 24, 2020–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing...
- January 24th, 2020 at 9:26 am

Cannabis REIT Improves Q2 Revenue by 160% to $8.6 Million

Innovative Industrial Properties Reports Second Quarter 2019 Results Acquisitions Drive 155% Q2 Rental Revenue, 155% Q2 Net Income and 176% Q2 AFFO Growth Year-over-Year SAN DIEGO, August 07, 2019–(BUSINESS...
- August 7th, 2019 at 4:50 pm

Cannabis REIT Extends Michigan Presence with $10 Million Project

Innovative Industrial Properties Acquires Michigan Property and Enters Into Long-Term Lease with Emerald Growth Partners SAN DIEGO, June 21, 2019–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only...
- June 21st, 2019 at 7:35 am

Cannabis REIT Boosts Dividend 33%

Innovative Industrial Properties Declares Second Quarter 2019 Dividends Common Stock Dividend Increased 33% from Prior Quarter and 140% from Q2 2018 SAN DIEGO, June 14, 2019 –(BUSINESS WIRE)–Innovative Industrial...
- June 14th, 2019 at 7:26 am