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Iipr stock price gained 2

Model: NS-40F401NA26
SKU: 6614066
$294.00
Comp. Value: $483.000
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4 payments starting at$38.75
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Iipr stock price gained 2.3% on news of a new lease agreement with a major multi-state cannabis operator. Wall Street estimates the deal could boost annual FFO by 4%. With IIPR’s revenues and AFFO/share treading upwards and the 7.4%-yielding dividend appearing quite attractive, I believe that the ongoing bullish momentum driving shares higher in recent weeks is likely to persist. Curaleaf, Green Thumb, and Innovative Industrial Properties each offer unique ways to invest in the cannabis sector, balancing risk with growth potential through production, retail, and real estate. Technical outlooks suggest the iipr stock price could break its 200-day moving average within weeks, potentially triggering algorithmic buy signals for momentum funds.