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Innovative Industrial Properties, Inc. is a Maryland-based REIT specializing in acquiring and managing industrial properties leased to licensed cannabis operators across the U.S. The company primarily focuses on sale-leaseback transactions, providing capital to cannabis businesses while generating stable rental income. Its portfolio emphasizes long-term leases, contractual escalations, and geographic diversification within regulated cannabis markets.
This description was generated via AI from an annual report. Updated about 1 year ago.