Innovative Industrial Properties, Inc. Common Stock (IIPR)
55.26
+1.68 (3.14%)
NYSE · Last Trade: Oct 2nd, 2:41 AM EDT
Detailed Quote
| Previous Close | 53.58 |
|---|---|
| Open | 53.70 |
| Bid | 55.00 |
| Ask | 55.50 |
| Day's Range | 53.28 - 55.42 |
| 52 Week Range | 45.44 - 136.80 |
| Volume | 442,441 |
| Market Cap | 1.57B |
| PE Ratio (TTM) | 11.96 |
| EPS (TTM) | 4.6 |
| Dividend & Yield | 7.600 (13.75%) |
| 1 Month Average Volume | 303,444 |
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About Innovative Industrial Properties, Inc. Common Stock (IIPR)
Innovative Industrial Properties is a real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of specialized industrial properties that are primarily leased to licensed operators for medical-use cannabis facilities. The company is dedicated to providing these operators with the necessary infrastructure to support their cultivation and production efforts while ensuring compliance with regulatory standards. Through its investments, Innovative Industrial Properties aims to capitalize on the growing demand for legal cannabis and contribute to the development of the industry by offering tailored real estate solutions. Read More
News & Press Releases
Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), announced today that it has closed its initial investment into IQHQ, Inc. (“IQHQ”), a premier life science real estate platform. The initial investment totaled $105 million and was comprised of a $100 million investment into a revolving credit facility with the remainder invested in shares of preferred stock of IQHQ. The initial investment was funded through cash on hand and draws from the Company’s revolving credit facility. Pro forma for this investment, the Company’s remaining IQHQ commitments total up to $165 million of preferred stock, which is expected to be funded in multiple tranches between the fourth quarter of 2025 and the second quarter of 2027.
By Innovative Industrial Properties, Inc. · Via Business Wire · October 1, 2025
These three cannabis companies offer different ways to play an industry that's down by 80% from its peak, but showing signs of life.
Via The Motley Fool · October 1, 2025
420 with CNW — California Governor Enacts Bill Rolling Back Cannabis Tax Hike
California Governor Gavin Newsom has signed a measure that halts a recent cannabis tax increase, giving the state’s cannabis industry a temporary break.
Via CannabisNewsWire · September 26, 2025
420 with CNW — California Governor Enacts Bill Rolling Back Cannabis Tax Hike
California Governor Gavin Newsom has signed a measure that halts a recent cannabis tax increase, giving the state’s cannabis industry a temporary break.
Via Investor Brand Network · September 26, 2025
Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a third quarter 2025 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception in 2016, the Company has paid $1.0 billion in common stock dividends to its shareholders.
By Innovative Industrial Properties, Inc. · Via Business Wire · September 15, 2025
420 with CNW — Pro-Cannabis Legalization Tycoon Becomes PM of Thailand
Thailand’s parliament has appointed Anutin Charnvirakul as the country’s new prime minister after days of tense political maneuvering. Lawmakers voted for him following long negotiations sparked by the dismissal of former leader Paetongtarn Shinawatra.
Via CannabisNewsWire · September 11, 2025
420 with CNW — Pro-Cannabis Legalization Tycoon Becomes PM of Thailand
Thailand’s parliament has appointed Anutin Charnvirakul as the country’s new prime minister after days of tense political maneuvering. Lawmakers voted for him following long negotiations sparked by the dismissal of former leader Paetongtarn Shinawatra.
Via Investor Brand Network · September 11, 2025
420 with CNW — Appeals Court Says Federal Ban on Gun Ownership by MMJ Users Could Be Unconstitutional
A U.S. federal appeals court has ruled that the long-standing ban preventing illicit drug users from owning firearms may not hold up when applied to people who legally use medical cannabis.
Via CannabisNewsWire · August 27, 2025
420 with CNW — Appeals Court Says Federal Ban on Gun Ownership by MMJ Users Could Be Unconstitutional
A U.S. federal appeals court has ruled that the long-standing ban preventing illicit drug users from owning firearms may not hold up when applied to people who legally use medical cannabis.
Via Investor Brand Network · August 27, 2025
420 with CNW — Reports Indicate Trump is Privately Considering Cannabis Reclassification
President Donald Trump recently hinted at easing federal cannabis restrictions during a private dinner at his Bedminster club in New Jersey. “We need to review that,” he told a small group of donors, according to two attendees. “It’s something we’re considering.”
Via CannabisNewsWire · August 12, 2025
420 with CNW — Reports Indicate Trump is Privately Considering Cannabis Reclassification
President Donald Trump recently hinted at easing federal cannabis restrictions during a private dinner at his Bedminster club in New Jersey. “We need to review that,” he told a small group of donors, according to two attendees. “It’s something we’re considering.”
Via Investor Brand Network · August 12, 2025
Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), announced today that it entered into agreements to make an investment totaling up to $270 million into IQHQ, Inc. (“IQHQ”), a premier life science real estate platform with over $5 billion in total assets.
By Innovative Industrial Properties, Inc. · Via Business Wire · August 6, 2025
Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company"), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today results for the second quarter ended June 30, 2025.
By Innovative Industrial Properties, Inc. · Via Business Wire · August 6, 2025
Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its second quarter 2025 results after the close of trading on the New York Stock Exchange on Wednesday, August 6, 2025.
By Innovative Industrial Properties, Inc. · Via Business Wire · August 1, 2025
420 with CNW — Missouri Supreme Court Says Local Authorities Shouldn’t Stack Cannabis Sales Taxes
Missouri’s Supreme Court has ruled that counties and cities cannot each apply a separate sales tax on recreational cannabis.
Via Investor Brand Network · July 28, 2025
420 with CNW — Missouri Supreme Court Says Local Authorities Shouldn’t Stack Cannabis Sales Taxes
Missouri’s Supreme Court has ruled that counties and cities cannot each apply a separate sales tax on recreational cannabis.
Via CannabisNewsWire · July 28, 2025
Via The Motley Fool · July 13, 2025
420 with CNW — Secret Shopper Research Discovers Plenty of Colorado Marijuana is Less Potent Than Claimed
A recent study from the University of Colorado Boulder has revealed that almost half of the marijuana products tested in Colorado had incorrect THC levels listed on their labels. The research, published in Scientific Reports, shows that most of the products contain less THC than what’s claimed on their packaging.
Via CannabisNewsWire · July 11, 2025
420 with CNW — Secret Shopper Research Discovers Plenty of Colorado Marijuana is Less Potent Than Claimed
A recent study from the University of Colorado Boulder has revealed that almost half of the marijuana products tested in Colorado had incorrect THC levels listed on their labels. The research, published in Scientific Reports, shows that most of the products contain less THC than what’s claimed on their packaging.
Via Investor Brand Network · July 11, 2025
