Jul. 21 at 2:42 PM
$IIPR
🌱 High Hopes & Higher Dividends:
Forget chasing unicorns 🦄—how about chasing green? 💚 IIPR (NYSE: IIPR), the REIT that’s literally growing on us, just dropped its Q1 2025 earnings like it’s hot—and while they missed EPS estimates (
$1.94 vs.
$2.06), they still rolled in with a cool
$71.7M in revenue and
$55.3M in AFFO
That’s not just solid... it’s solidified like a well-packed pre-roll. 😎
Sure, some tenants got a little hazy (Gold Flora, TILT, PharmaCann, and Forefront received default notices), but IIPR puff-puff-passed those hurdles by re-leasing 211,000 sq ft—including a massive 205,000 sq ft deal with Berry Green in Michigan 🍓🌿. Talk about berry good business!
And let’s not forget the STATES 2.0 Act and legalization efforts in PA, FL, and MN 🌍—the regulatory winds are blowing in IIPR’s favor like a well-ventilated grow room. 🌬️
So if you’re looking for a portfolio pick that’s lit, leafy, and liquid, IIPR might just be your bud. 🌿📈
