Innovative Industrial: DEA Approves The Rescheduling, But Risks Emerge (Downgrade)


  • Innovative Industrial Properties is a cannabis REIT that leases facilities to major cannabis operators in the US.
  • Factors attracting investor interest include a high dividend yield, reasonable valuation, and bullish catalysts.
  • Despite the rescheduling of cannabis to Schedule III, the stock price has barely moved, and the SAFER Banking Act poses a risk to IIPR’s business model.

Young Partygoer Lighting A Joint While Dancing With Friends

Hinterhaus Productions

Dear readers,

Innovative Industrial Properties (NYSE:IIPR) is a cannabis REIT which specializes in acquiring and leasing cultivation and retail facilities to major cannabis operators in the US.

Recently, the REIT has seen increased interest from investors, because

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