Founded December 2016 They Are The First Publicly Traded Company To Provide Real Estate Capital To The Medical Cannabis Industry. As A Real Estate Investment Trust They Must Distribute At Least 90% Of Their Taxable Income To Shareholders With Paying A Consistent Dividend Since The Second Quarter Of 2017. Their Focus Is Purchasing Industrial Real Estate Assets To Cultivate Cannabis. They Offer Different Programs To State Licensed Cannabis Operators. Sale-Leaseback And Other Real Estate Solutions Are Ways Cash Strapped Entrepreneurs Can Find Financing.
Medical Cannabis Industry:
Their Acquisition Strategy Is To Act As A Source Of Capital To Licensed Medical Use, Cannabis Growers. Buying Their Properties And Then Leasing Them Back To The Licensed Growers. As Of November 16Th 2020, 35 States Have Adopted Medical Cannabis Programs. A Projection By Arcview Group, Projects Cannabis Will Grow From A 12.4 Billion Dollar Industry In 2019 To A 34 Billion Dollar Industry By 2025.
Uses:
Medical Cannabis Can Be Used For The Treatment Of Cancer, Glaucoma, Hiv Aids, Wasting Syndrome, Pain, Nausea, Seizures, Muscle Spasms, Multiple Sclerosis, Post-Traumatic Stress Disorder, Migraines, Arthritis, Parkinson’s Disease, Alzheimer’s, Lupus, Residual Limb Pain, Spinal Cord Injuries, Inflammatory Bowel Disease And Terminal Illness.
Innovative Industrial Properties Owns 46 Different Industrial Properties Across The United States, The Properties Are Specialized Industrial And Greenhouse Buildings Which Are 100% Leased.