I believe IIPR holds significant long-term growth potential, especially as more states legalize medical and recreational cannabis. Their business model, leasing real estate for cannabis production, taps directly into an expanding market. However, regulatory changes pose a substantial risk; shifts in federal policy regarding cannabis could greatly affect their operations. Compared to traditional REITs, IIPR might offer higher returns due to its niche focus, but these arrive with elevated risks related to legal and market acceptance issues. Investors considering IIPR should weigh these factors and consider their appetite for risk and belief in the growth of the cannabis industry.
