Hey kids, have you heard of Innovative Industrial Properties (IIP)? It's a company that owns buildings used to grow marijuana. It's like a landlord, but for special grow houses! This is a bit tricky because marijuana laws are different in each state.
- IIP rents buildings to companies that grow marijuana.
- They often pay for building upgrades too.
- This is risky because if a tenant goes bankrupt, IIP might have trouble renting the building again.
- A big tenant recently had trouble paying rent, causing some worry.
| Fact | Details |
|---|---|
| Dividend Yield | Over 10%! (This means they give investors a lot of money back.) |
| Big Problem | A major tenant couldn't pay rent. |
| Prediction | Marijuana industry is expected to be huge by 2028! |
