Reported 3 days ago
Innovative Industrial Properties, Inc. (IIPR) stands out as a leading REIT in the cannabis sector, providing capital to state-licensed operators and currently ranking 9th among the most undervalued REITs. With a forward P/E of 13.26 and revenues of $308.5 million, IIPR presents significant growth potential, particularly as the U.S. legal cannabis market is projected to reach $46 billion by 2028. Despite its promise, other undervalued stocks, especially in AI, may offer even higher returns.
Source: YAHOO