Innovative Industrial Properties is a real estate investment trust specializing in acquiring and managing industrial properties for the regulated cannabis industry, with 108 properties across 19 states. Founded in 2016 and based in Park City, Utah, the company employs 21 people.
Innovative Industrial Properties (IIPR) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Innovative Industrial Properties's actual EPS was $1.71, beating the estimate of $1.10 per share, resulting in a 54.75% surprise.
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