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New REIT Planning to Roll Up Medical Marijuana Facilities

San Diego-based Innovative Industrial Properties Files Plans for $175 Million IPO
By Tim Trainor
CoStar News
October 18, 2016 | 10:56 P.M.

The team at Innovative Industrial Properties Inc. contends there is serious money to be made acquiring the warehouse properties sanctioned to operate as growing facilities for medical cannabis and leasing them back to licensed operators, and they plan to be among the first to bring the concept to market.

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