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Benzinga
Benzinga
Business
Nina Zdinjak

This Pot Stock Has Outperformed Apple, Amazon, Google, Microsoft & Netflix

Those investors who added marijuana-focused Real Estate Investment Trust – Innovative Industrial Properties (NYSE:IIPR) to their portfolios some five years ago, must be really pleased with their return on the investment. 

Launched in 2016, IIP is the first publicly-traded company on the New York Stock Exchange to provide real estate capital to the regulated cannabis industry. The company’s sale-leaseback program includes cultivation, processing and retail properties with carefully chosen tenants that are licensed operators under long-term, triple-net leases.

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