S M T W T F S
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
22
 
23
 
24
 
25
 
26
 
 
28
 
29
 
30
 
 

Innovative Industrial Properties Posts 81% AFFO-per-Share Growth; Stock Pops 7%

DATE POSTED:November 8, 2018

Innovative Industrial Properties (NYSE: IIPR), which owns and leases properties to companies involved in the cannabis industry, reported strong third-quarter 2018 results after the market close on Wednesday. 

Shares closed up 6.8% on Thursday. We can safely attribute the stock's jump to investors being pleased with the results, as marijuana stocks in general were down on Thursday.

Here's how the quarter worked out for the company that's organized as a real estate investment trust (REIT) and its investors.

Continue reading