For much of 2024, Innovative Industrial Properties (IIPR 2.52%) was atypical for a marijuana stock in that its share price generally rose. Two news items that hit headlines toward the end of the year,...

Cannabis-focused real estate investment trusts (REITs) have become a popular way for investors to access the growing cannabis sector. These REITs provide financing to licensed cannabis operators by le...

If you're looking at an investment that yields more than 10%, you know that there's likely going to be some risk involved with it. A yield that high and that safe would be quickly scooped up by income...

One year ago, I selected a portfolio of 10 REITs for their double-digit dividend growth, believing they would outperform on share price and deliver superior total return. In this article, I hold mysel...

For any person or company that makes coin by renting property, a tenant default is the situation nightmares are made of. That's only compounded if the landlord in question manages multiple properties ...

Innovative Industrial Properties: PharmaCann's Default Puts The Dividend At Risk (Rating Downgrade)

IIPR has lost nearly half of its value, thanks to the drastic PharmaCann default on all of its leases announced on December 20, 2024. The deep selloff is unsurprising indeed, given that the largest te...

More marijuana stock investors are focused on the potential that 2025 brings. The legal cannabis industry is expected to see further growth. But what will this growth look like and who will benefit fr...

U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand...

I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance divi...

Plymouth Industrial REIT, Inc. is a strong industrial REIT with a durable business model, trading at a discounted AFFO multiple and well below NAV. Innovative Industrial Properties, Inc. faces signifi...

IIPR has dropped nearly 50%, creating a compelling opportunity with a 10.8% dividend yield. Defaulting on 16.5% of ABR, but high-growth states like New York offer quick re-leasing potential. Trading a...

Innovative Industrial Properties tanked as news of default by its largest tenant hit. The stock now yields 11% and the preferred shares yield over 9%. We look at the safety of these two and also the s...

IIPR's valuation has dropped significantly, making it an attractive buy at $70/share, with a conservative target of $120/share by 2026E. Despite risks like potential dividend cuts and rental collectio...

U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflec...

IIPR's stock dropped 23% due to a large tenant, PharmaCann, failing to pay $4.2 million in rent, representing 17% of IIPR's rental revenue. Despite some tenant issues, IIPR has grown substantially sin...

IIPR's share have traded down since our last report, but we remain bearish due to its stretched valuation, which values the portfolio at a premium to higher qualty industrial REITs. While tenant credi...

Piper Sandler downgraded Innovative Industrial Properties to Underweight from Neutral with a price target of $70, down from $118, after the company announced PharmaCann defaulted on its obligations to...

Piper Sandler downgraded Innovative Industrial Properties to Underweight from Neutral with a price target of $70, down from $118.

Shares of Innovative Industrial Properties (IIPR -20.78%), the country's leading cannabis real estate investment trust (REIT), were taking a dive today after it announced that PharmaCann, one of its b...