This Marijuana Stock Has Outperformed Apple, Netflix, Amazon, Google And Berkshire Hathaway
Investors who decided to buy shares of marijuana REIT Innovative Industrial Properties (NYSE: IIPR) five years ago, must now be very pleased with their returns . IIIP is the first and only publicly traded cannabis-focused real estate investment trust . The company manages a portfolio of real estate properties that it leases to cannabis companies in the U.S. Among its lessees are Trulieve (OTCQX:TCNNF), 4Front Ventures (OTCQX:FFNTF), Parallel, Ascend Wellness (OTCQX:AAWH), Cresco Labs (OTCQX:CRLBF), Green Thumb Industries (OTCQX:GTBIF), TILT Holdings (OTCMKTS: TLLTF), Columbia Care (OTCMKTS: CCHWF), PharmaCann, Vireo Health , and many more. Over the last five years , Innovative Industrial Properties stock has outperformed some of the most popular stocks in the world, such as Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), Berkshire Hathaway Inc. (NYSE:BRK.A), Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ: AMZN). As of June 30, 2022, IIP owned 111 properties across 20 states (Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New …
This Marijuana Stock Has Outperformed Apple, Netflix, Amazon, Google And Berkshire Hathaway
Investors who decided to buy shares of marijuana REIT Innovative Industrial Properties (NYSE: IIPR) five years ago, must now be very pleased with their returns . IIIP is the first and only publicly traded cannabis-focused real estate investment trust . The company manages a portfolio of real estate properties that it leases to cannabis companies in the U.S. Among its lessees are Trulieve (OTCQX:TCNNF), 4Front Ventures (OTCQX:FFNTF), Parallel, Ascend Wellness (OTCQX:AAWH), Cresco Labs (OTCQX:CRLBF), Green Thumb Industries (OTCQX:GTBIF), TILT Holdings (OTCMKTS: TLLTF), Columbia Care (OTCMKTS: CCHWF), PharmaCann, Vireo Health , and many more. Over the last five years , Innovative Industrial Properties stock has outperformed some of the most popular stocks in the world, such as Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), Berkshire Hathaway Inc. (NYSE:BRK.A), Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ: AMZN). As of June 30, 2022, IIP owned 111 properties across 20 states (Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New …