Innovative Industrial Properties in Focus after Trump's Cannabis Announcements

Innovative Industrial Properties is a REIT specialized in the US cannabis sector, focusing on the acquisition and leasing of production and processing properties. The business model is largely based on long-term triple net lease agreements with state-licensed cannabis operators, where tenants are responsible for operating costs, maintenance, and taxes. This generates well-planned cash flows and a relatively high operating margin for the company, while it bears only minimal ongoing costs. At the same time, Innovative Industrial Properties serves...