I think the main catalyst that's moving this is; its really the only legitimate MJ REIT player on the market (NYSE). First to market, no real competition and all that jazz. And the management team seems to be doing things right for now.
I was shocked when it blew past $60. Next earnings date is 29 Mar and I'm sure they will announce ex-divy date soon, also.
Personally, I do think its expensive at these levels. I do think we are due for even more pullback (just a technical point of view). I would not be surprise to see it pullback to $65. And that's still a bit expensive. But with IIPR I do think many are willing to pay a premium for this stock in today markets. Its got a great head-start in what it does. And if they report great earnings I would not be surprised if this touches $100 by summer.
Recent IIPR News
- Innovative Industrial Properties Declares Third Quarter 2024 Dividends • Business Wire • 09/13/2024 11:00:00 AM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 08/30/2024 09:10:21 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 08/30/2024 09:05:31 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 08/30/2024 09:01:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 12:55:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:41:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 11:01:33 AM
- Innovative Industrial Properties Reports Second Quarter 2024 Results • Business Wire • 08/05/2024 08:07:00 PM
- Innovative Industrial Properties to Report 2024 Second Quarter Results • Business Wire • 07/18/2024 08:10:00 PM
- Innovative Industrial Properties Declares Second Quarter 2024 Dividends • Business Wire • 06/14/2024 11:00:00 AM
- AYR Wellness Secures Real Estate Financing for Florida Indoor Cultivation • GlobeNewswire Inc. • 06/10/2024 11:30:00 AM
- Innovative Industrial Properties Acquires Florida Property and Expands Long-Term Real Estate Partnership with AYR Wellness • Business Wire • 06/10/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 09:12:58 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/24/2024 09:03:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 09:39:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 09:34:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 09:30:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 08:15:38 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:11:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 11:00:40 AM
- Innovative Industrial Properties Reports First Quarter 2024 Results • Business Wire • 05/08/2024 08:39:00 PM
- Innovative Industrial Properties to Report 2024 First Quarter Results • Business Wire • 04/22/2024 08:39:00 PM
- Innovative Industrial Properties Declares First Quarter 2024 Dividends • Business Wire • 03/15/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 09:09:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/27/2024 10:27:19 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM