Tag: Cannabis REIT

IIPR Prices $104 Million Equity Offering at $40 per Share

Innovative Industrial Properties Prices Public Offering of 2,600,000 Shares of Common Stock SAN DIEGO, October 03, 2018–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing...
- October 3rd, 2018 at 9:55 pm

NYSE Listed Cannabis REIT to Raise Capital Selling Shares

Innovative Industrial Properties Announces Public Offering of 2,000,000 Shares of Common Stock SAN DIEGO, OCTOBER 3, 2018–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that it...
- October 3rd, 2018 at 5:37 pm

Cannabis REIT to Invest $13 Million in Green Peak Michigan Facility

Innovative Industrial Properties Acquires Michigan Property and Enters Into Long-Term Lease with Green Peak Industries SAN DIEGO, August 02, 2018–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR), the...
- August 2nd, 2018 at 6:18 pm

Cannabis REIT Revenue Jumps 107% in Q1

Innovative Industrial Properties Reports First Quarter 2018 Results SAN DIEGO–May 09, 2018 – Innovative Industrial Properties, Inc. (NYSE: IIPR) (the “Company”) announced today results for the quarter ended March 31,...
- May 9th, 2018 at 4:55 pm

Cannabis REIT Boosts Dividend by 67%

Innovative Industrial Properties Declares Fourth Quarter 2017 Dividends SAN DIEGO, Calif., Dec 15, 2017 (BUSINESS WIRE) — Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR), the leading provider of...
- December 15th, 2017 at 7:09 am

Cannabis REIT IIPR Seeks to Raise up to $100MM

One year after its debut on the NYSE and fewer than two months after completing its $15mm sale of preferred shares, Innovative Industrial Properties (NYSE: IIPR) has filed a...
- December 1st, 2017 at 6:02 pm

Cannabis REIT Prices $15mm Cumulative Preferred to Yield 9%

Innovative Industrial Properties Prices Public Offering of 9.0% Series A Cumulative Redeemable Preferred Stock October 11, 2017 05:08 PM Eastern Daylight Time SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the...
- October 11th, 2017 at 5:20 pm

Cannabis Real Estate Draws Investors as Prices Surge

The hot topic at the Institutional Cannabis & Capital Conference in San Jose this week was real estate. While institutional investors are unlikely to invest directly in cannabis production...
- April 1st, 2017 at 9:39 am

First Publicly Traded Cannabis REIT IIPR Prices IPO

Innovative Industrial Properties Prices Initial Public Offering SAN DIEGO, Dec 01, 2016 (BUSINESS WIRE) — Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of its...
- December 1st, 2016 at 7:41 am