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Posted by
Two Blokes May 14 -
Filed in
Stock
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Innovative Industrial Properties faces significant challenges, including tenant defaults and unfavorable cannabis legalization votes, impacting its valuation and short-term growth potential. Despite tenant issues, IIPR benefits from strong cannabis industry growth, regulatory progress, and a conservative capital structure with substantial liquidity. IIPR's management is actively addressing tenant defaults, with one PharmaCann property already re-leased, showcasing the quality and demand for its specialized facilities.