Innovative Industrial Properties: A Lucrative Business Model But An Uncertain Future
IIPR is able to earn great cap rates because cannabis companies have very limited funding options. But IIPR faces substantial risks because nearly all of their tenants are unprofitable when considering onerous Section 280E taxation. If cannabis is legalized, not only will IIPR’s cash cow end, but their tenants may seek to exit their leases as …
News story posted on 2020-01-29T13:41:00.0000000Z
