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Author Bio
Will Healy is a freelance financial writer who has had a lifelong interest in the stock market, along with numerous, less-useful pursuits. Will pursued his passion for writing after working in the corporate world as both an analyst and an insurance sales professional. He holds a bachelor s degree from Texas A&M Univesity, and M.S. from the University of North Texas, and an MBA in finance and strategy from the University of Texas at Dallas Jindal School of Management. Follow @HealyWriting
Innovative Industrial Properties (NYSE:IIPR) has become an unusual but lucrative stock. The San Diego-based real estate investment trust (REIT) directly benefits from the growth of the marijuana business despite its status as a real estate company. As a result, the company profits from massive revenue increases as well as business and legal tailwinds that make it a stock worth owning.
There may be other deals to come as New York moves toward cannabis legalization
Executive Moves
Clever Leaves announced that Hank Hague would be joining the company as chief financial officer
Acreage Holdings announced that CFO Glen Leibowitz is leaving the company. Steve Goertz, former CFO of sgsco and a partner at Bespoke Capital Partners, will be taking over as CFO starting April 2.
Agrify announced the formation of its new advisory board on Wednesday, including Rosie Mattio, CEO of MATTIO Communications, and Matthew Kressy, founding director of the MIT Integrated Design & Management program.
Fyllo announced it would be bringing on Twitter veteran Katie Ford as the company s new COO.