3 Great Reasons to Buy Innovative Industrial Properties

3 Great Reasons to Buy Innovative Industrial Properties

Innovative Industrial Properties (NYSE: IIPRR) is a pot stock, but it doesn't sell any legal cannabis itself. Instead, this real estate investment trust (REIT) provides the medical marijuana industry with operating facilities and scarce capital. The business model here revolves centers on buying production facilities and then leasing them to the growers, providing capital where traditional lenders won't typically venture.