IIPR's Stock Price Plunged 22% -- Is it Still a Buy?

Innovative Industrial Properties (NYSE: IIPR), a real estate investment trust (REIT) that specializes in purchasing and leasing industrial space to medical marijuana operators, is one of the fastest-growing stocks within the REIT industry.

The company, which had an incredible run since it went public in late 2017, saw share prices grow 968% in just five years' time. But today's market volatility and growing concern over the federal legalization of marijuana have pushed share prices down 22% in 2022 at the time of this writing.

 Is it still a buy?

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Source Fool.com