Ganja REIT Outperforming Other Real Estate Investment Trusts

Ganja REIT Specializing In Financing Marijuana Farms Becomes The Best Performing REIT In The USA

ganja REITInnovative Industrial Properties Inc. specializes in financing Ganja related properties. The company has tapped into a niche market conservative Wall Street has traditionally run from. Yet, Innovative’s Ganja REIT has become the best-performing real estate investment trust in the United States. 
The potential of the marijuana industry has transformed Innovative into the best-performing American based REIT in the past 12 months. Shares have risen as much as 5.3% in the past 12 months.
Innovative also offers America’s only publicly traded Ganja REIT. The company owns properties in eight states where its tenants produce cannabis products. 
The federal government classifies Marijuana as a Schedule I controlled substance as it does with heroin. However, marijuana it’s legal under state law everywhere Innovative operates.
That often means growers can’t find space with regular landlords. Therefore, Innovative has little competition and can charge higher rents.
Innovative is technically an industrial REIT. It is exempt from paying taxes as long as it passes most of its profits on to shareholders. 

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