IIPR · Innovative Industrial Properties Inc.
REIT leasing grow facilities to US cannabis operators
Risiko 7/10 · HIGH RISK · cannabis landlord · $57.20 ▲ 0.70%Von KI geschrieben
Stand der Zahlen: · Quellen: öffentliche Markt-Aggregatoren
Kennzahlen
- Price $57.20
- Market cap $1.6B
- P/E (ttm) 12.94
- Div yield 13.29%
- 52-wk range $44.58 – $65.38
Wichtigste Risiken
- Tenant defaults among cash-strapped cannabis operators (Shareholders) — EXTREME
- Dividend cut if funds from operations keep slipping (Shareholders) — HIGH
- Single-purpose grow buildings are hard to re-let (Bondholders) — HIGH
- Legalization would open banks and erode its lending niche (Shareholders) — MED
Fazit
The yield only pays if the tenants do; treat it as a cannabis credit bet, not a bond substitute.
Recherche, keine Anlageberatung.