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Innovative Industrial Properties

San Diego, California, United Statesinnovativeindustrialproperties.com ↗

Ownership: Public · IIPR
Employees: ~21
Development stage: Commercial

Overview

Innovative Industrial Properties owns and leases specialized industrial properties to state-regulated cannabis operators across the United States. It does not develop therapeutics or have clinical programs; its business model centers on providing real estate capital through sale–leaseback transactions and long-term leases to licensed cannabis companies[1][2][3][4].

Industry: Investors

Partnerships

Partners with multi-state operators in the regulated cannabis industry via lease agreements (e.g., PharmaCann, Holistic Industries, Columbia Care)

Financials

Market cap: $1.7B
Total revenue: $63.3M
Enterprise value: $2.1B

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