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Innovative Industrial Properties, Inc. (IIP) is a Maryland-based, internally managed company primarily engaged in acquiring, possessing, and overseeing specific-purpose real estate. These facilities are subsequently leased to seasoned, state-sanctioned businesses that operate within the regulated medical cannabis sector. For tax purposes, IIP has elected to function as a real estate investment trust (REIT) since the fiscal year ending December 31, 2017.
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