Innovative Industrial Properties
Innovative Industrial Properties is a pioneering real estate investment trust focused on the regulated cannabis industry, established in December 2016. As the first publicly traded company on the New York Stock Exchange dedicated to this sector, the company provides essential real estate capital to state-licensed cannabis operators across the United States.
With a national portfolio consisting of specialized properties leased to cannabis operators, Innovative Industrial Properties emphasizes long-term, absolute net lease agreements. Their sale-leaseback program targets well-capitalized companies that have successfully navigated the rigorous state licensing process, ensuring their facilities are strategically located in states with established regulatory environments.
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