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Innovative Industrial Properties Q4 Revenue Increases 110% to $37 1 Million – New Cannabis Ventures

February 24, 2021 at 4:53 pm Published by NCV Newswire Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2020 Results Acquisitions and Portfolio Performance Drive FY 2020 Y-o-Y Growth of 162% in Total Revenues, 191% in Net Income and 180% in AFFO SAN DIEGO, February 24, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today results for the fourth quarter and year ended December 31, 2020, the fourth full year since IIP commenced real estate operations and completed its initial public offering in December 2016. Full Year 2020 Highlights Generated total revenues of approximately $116.9 million, net income attributable to common stockholders of approximately $64.4 million and adjusted funds from operations (“AFFO”) of approximately $97.8 million, representing increases of 162%, 191% and

Barron s Latest Picks And Pans: COVID Booster Shot Plays, Defense M&As, Coty, Hologic, And More

Barron s Latest Picks And Pans: COVID Booster Shot Plays, Defense M&As, Coty, Hologic, And More
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

(AJRD), Astrazeneca PLC (NYSE:AZN) - Barron s Latest Picks And Pans: COVID Booster Shot Plays, Defense M&As, Coty, Hologic, And More

(AJRD), Astrazeneca PLC (NYSE:AZN) - Barron s Latest Picks And Pans: COVID Booster Shot Plays, Defense M&As, Coty, Hologic, And More
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

The Cannabis Theme Rides Again (IIPR, FUTL, GTBIF)

Cannabis stocks are on fire once again. There are a handful of top performing themes right now in the market, and cannabis stocks have moved back to the front of the pack for the first time since 2018, when people called it a “pot stock bubble”. Now, we are starting to see some similar relative momentum in the space, but it isn’t being viewed as a bubble because the companies are growing into their caps fast, and the next level is coming. Legislative catalysts are thick on the ground as well, with the ascendancy of the left in political leadership, and its sympathy with the legalization agenda.

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