Innovative Industrial Properties

At Innovative Industrial Properties, we are a pioneering real estate investment trust that has revolutionized the way cannabis businesses operate by providing specialized real estate capital to state-licensed operators. Our unique approach has enabled us to build a national portfolio of properties that are crucial to the success of our tenants.

Our Business

As the first publicly traded company on the New York Stock Exchange (NYSE: IIPR) to focus on the regulated cannabis industry, we have made a significant impact on the industry. Our expertise in real estate, combined with our deep understanding of the cannabis industry, enables us to acquire and lease properties to state-licensed operators. Our focus on providing high-quality facilities has helped our tenants to succeed in a highly regulated environment.

Our Sale Leaseback Program

Our sale-leaseback program is designed to help well-capitalized companies that have successfully navigated the state licensing process. Under this program, we acquire freestanding industrial and retail properties from these companies and lease them back to them under long-term, absolute net lease agreements. This approach provides our tenants with the capital they need to grow their businesses while also generating a steady income stream for our investors.

Our Portfolio

Our national portfolio is comprised of specialized real estate leased to state-licensed cannabis operators. These facilities are mission-critical for our operators and are well-located in states with established regulatory environments. Our portfolio includes a range of properties, from cultivation and processing facilities to dispensaries and distribution centers.

Our Experience

Our team of experienced professionals has a deep understanding of the cannabis industry and a proven track record of success in real estate. With expertise in acquisitions, management, development, and capital raising, our team is well-equipped to navigate the complexities of the cannabis industry. Our leadership team is composed of seasoned executives with a strong track record of success in real estate and the cannabis industry.

Our Team

Our team is comprised of dedicated professionals who are passionate about the cannabis industry and committed to delivering exceptional results. Our leadership team includes:

• Alan D. Gold, Executive Chairman
• Paul Smithers, Chief Executive Officer, President, and Director
• Catherine Hastings, Chief Operating Officer
• David Smith, Chief Financial Officer and Treasurer
• Ben Regin, Vice President of Investments
• Brian Wolfe, Vice President, General Counsel, and Secretary
• Andy Bui, Vice President, Chief Accounting Officer
• Tracie Hager, Vice President, Asset Management
• Kelly C. Spicher, Vice President, Real Estate Counsel
• Gary Kreitzer, Vice Chairman
• David Stecher, Director
• Mary Allis Curran, Director
• Scott Shoemaker, MD, Director