This Cannabis Stock Isn't Just Smoke And Mirrors

About: Innovative Industrial Properties, Inc. (IIPR)
by: Michael D. Harris
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Michael D. Harris
Research analyst, REITs, ETF investing, macro

The US medical cannabis industry is positioned to grow by just under 30% annually over the next 4-5 years.

Finding a company early on can pay out big for investors, but currently, the investment market is littered with pink sheet speculative plays or overly-expensive growers.

My choice in gaining exposure in the space is investing in Innovative Industrial Properties, a REIT that aims to provide real estate and capital to growers in the industry.

Along with conducting my research, I got to speak to Paul Smithers, President and CEO of Innovative Industrial Properties, to see what he had to say about the company and the industry.


The US cannabis market is poised to grow by a considerable rate over the next few years. Many investors have been looking for ways to cash in on the developing market, but there are