Motley Fool
Will Cannabis Real Estate Be Smoking Hot in 2022?
Innovative Industrial Properties (NYSE: IIPR) is one of the hottest cannabis stocks in the market today. The real estate investment trust (REIT), which leases industrial space to experienced medical marijuana operators, has achieved a staggering 68% return on an annualized basis over the past five years. This could be from the increase in states offering recreational or medical use of marijuana, but another likely cause is the pandemic.
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Motley Fool
Will Cannabis Real Estate Be Smoking Hot in 2022?
Innovative Industrial Properties (NYSE: IIPR) is one of the hottest cannabis stocks in the market today. The real estate investment trust (REIT), which leases industrial space to experienced medical marijuana operators, has achieved a staggering 68% return on an annualized basis over the past five years. This could be from the increase in states offering recreational or medical use of marijuana, but another likely cause is the pandemic.
