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Innovative Industrial Properties - About the company

Innovative Industrial Properties is a public company based in San Diego (United States), founded in 2016. It operates as a Real estate investment company for medical-use cannabis industry. Innovative Industrial Properties has raised an undisclosed amount in funding. The company has 3 active competitors, including 3 that have exited. Its top competitors are CropCorp and Nova Net Lease.

Company Details

Social
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Email ID
*****@iipreit.com
Phone Number
+1 **********
Key Metrics
Founded Year
2016
Location
San Diego, United States
Stage
Public
Latest Funding Round
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2025
Employee Count
21 as on Sep 30, 2026
Similar Companies
Exit Details
Public

Innovative Industrial Properties's IPO details

Innovative Industrial Properties got listed on Dec 01, 2016.
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Innovative Industrial Properties's funding and investors

Innovative Industrial Properties has raised funding over 1 round.

Here is the list of recent funding rounds of Innovative Industrial Properties:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 15, 2019
6621331
Post IPO
4472325
5054650
5582770
9098351
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Innovative Industrial Properties' founders and board of directors

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Innovative Industrial Properties' employee count trend

Innovative Industrial Properties has 21 employees as of Sep 26. Here is Innovative Industrial Properties's employee count trend over the years:
Employee count trend for Innovative Industrial Properties
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Innovative Industrial Properties's Competitors and alternates

Top competitors of Innovative Industrial Properties include CropCorp and Nova Net Lease. Here is the list of Top 10 competitors of Innovative Industrial Properties, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Real estate investment company for medical-use cannabis industry
-
-
39/100
2nd
Logo for CropCorp
CropCorp
2005, Vancouver (Canada), Acquired
Cannabis focused REIT
-
-
26/100
3rd
Logo for Nova Net Lease
Nova Net Lease
2021, Denver (United States), Public
Real estate investment and leasing management firm
-
-
23/100
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Innovative Industrial Properties's Investments and acquisitions

Innovative Industrial Properties has made no investments or acquisitions yet.

Reports related to Innovative Industrial Properties

Here is the latest report on Innovative Industrial Properties's sector:

News related to Innovative Industrial Properties

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Media has covered Innovative Industrial Properties for a total of 12 events in the last 1 year, 5 of them have been about company updates.
•
Innovative Industrial Properties Announces PharmaCann Resolution and Provides Portfolio UpdateBusiness Wire•Mar 16, 2026•Innovative Industrial Properties
•
Grown Rogue Accelerates Illinois Entry with Turnkey Facility LeaseCNW•Mar 12, 2026•Innovative Industrial Properties, Grown Rogue
•
Orbem Secures €55.5M to Expand AI-Powered MRI Tech in Food & Biology SectorsEU-Startups•Jan 20, 2026•Innovative Industrial Properties, Orbem, Supernova Invest, Possible Ventures and 5 others
•
IoT Security Specialist SandGrain Secures €13.5 Million BackingMobileWorldLive•Dec 09, 2025•SANDGRAIN STUDIO, HighTechXL, BOM, Innovative Industrial Properties and 4 others
•
Alan Gold Acquires 2,600 Shares of Innovative Industrial Properties (NYSE:IIPR) StockInsiderTrades•Nov 26, 2025•Innovative Industrial Properties
•
Innovative Industrial Properties Announces New $100 Million Revolving Credit FacilityBusiness Wire•Oct 06, 2025•Innovative Industrial Properties
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FAQs about Innovative Industrial Properties

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