Here's Why Investors Might Be Concerned About Innovative Industrial Properties
When you're a shareholder of a profitable, growing business like Innovative Industrial Properties (NYSE: IIPR), it's easy to get complacent. After all, over the last three years, the company's shares have returned 146.2%, smashing the overall market's returns of around 63.4%.
Still, IIP isn't invincible, and there's one development in the cannabis industry that seems like it could spell trouble. In short, there's an early sign that marijuana companies don't need its services as much as they might have in the past. Let's investigate this in more detail to see if it's actually as bad as it sounds.
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Source Fool.com
