|Bid||122.75 x 800|
|Ask||127.20 x 1100|
|Day's Range||122.52 - 125.60|
|52 Week Range||31.61 - 139.53|
|Beta (3Y Monthly)||2.04|
|PE Ratio (TTM)||124.44|
|Earnings Date||May 9, 2019 - May 10, 2019|
|Forward Dividend & Yield||2.40 (1.94%)|
|1y Target Est||164.00|
DionyMed Brands Inc . (OTC: DYMEF ) said Friday that it entered a definitive agreement to acquire select assets from MM Esperanza 2 LLC and MMAC’s 1.83-acre Los Angeles cannabis campus. The acquisition ...
Innovative Industrial Properties, Inc. (the “Company”) (IIPR) announced today the full exercise of the underwriters’ option to purchase an additional 195,000 shares of common stock in connection with the Company’s recent equity offering. The sale of the additional shares closed today, July 18, 2019, and the original public offering of 1,300,000 shares of common stock closed on July 16, 2019. In total, the Company sold 1,495,000 shares of common stock in the offering, raising gross offering proceeds of approximately $188.4 million.
MJardin Group, Inc. (“MJardin” or “the Company”) (MJAR.CN) (MJARF), a leader in premium cannabis production, today announced it has closed a sale-leaseback agreement with Innovative Industrial Properties (“IIP”) (IIPR) worth an estimated value of US$9.6 million (excluding transaction costs) of its Cheyenne Ave., Las Vegas, Nevada production facility owned by the Company (the “Facility”).
In the latest trading session, Innovative Industrial Properties, Inc. (IIPR) closed at $128.34, marking a +0.72% move from the previous day.
Scott's Miracle Grow's, ADT, Innovative Industrial Properties and GW Pharmaceuticals highlighted as Zacks Bull and Bear of the Day
Innovative Industrial Properties' (IIPR) capital raise is a strategic fit as with more states in the United States giving cannabis the green light, it has incentive to invest in such properties.
The recent legalization of marijuana in several states in the US has had many people eager to invest in the emerging sector.
CannTrust dived again Friday as it halted sales amid heavy regulatory scrutiny. Innovative Industrial Properties stock fell on a share offering. Other marijuana stocks sold off too.
On Thursday, Innovative Industrial Properties (IIPR) announced that it will issue approximately 1.3 million common shares to the public.
The Company has also granted the underwriters a 30-day option to purchase up to an additional 195,000 shares of its common stock. All of the shares are being sold by the Company. The Company intends to use the net proceeds from this offering to invest in specialized industrial real estate assets that support the regulated cannabis cultivation and processing industry that are consistent with its investment strategy, and for general corporate purposes.
Tony Daltorio, contributing editor to Growth Stock Confidential, chose Innovative Industrial Properties (IIPR) as his top speculation for 2019. The stock has since risen 172%. Here's his update on the marijuana-related REIT.
Innovative Industrial Properties, Inc. (the “Company”) (IIPR) announced today that it has commenced a public offering of 1,250,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 187,500 shares of its common stock. All of the shares are being sold by the Company.
Innovative Industrial Properties, Inc. (IIPR) closed at $132.19 in the latest trading session, marking a -0.08% move from the prior day.
Expansion of Michigan portfolio and lease with subsidiary of Ascend Wellness Holdings to help Innovative Industrial Properties (IIPR) bank on the favorable trends and drive top-line growth.
On Tuesday, Innovative Industrial Properties (IIPR) gained nearly 6.2% and closed at $132.3. The stock has risen since the beginning of June.
Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property in Lansing, Michigan, which comprises approximately 145,000 square feet of industrial space. The purchase price for the Michigan property was approximately $4.8 million (excluding transaction costs). Concurrent with the closing of the purchase, IIP entered into a long-term, triple-net lease agreement with a subsidiary of Ascend Wellness Holdings, LLC (AWH), which intends to operate the property as a licensed medical-use cannabis cultivation and processing facility upon completion of redevelopment.