Could Innovative Industrial Properties Stock Help You Retire a Millionaire?

Alex Carchidi, The Motley Fool
·4 min read
Could Innovative Industrial Properties Stock Help You Retire a Millionaire?

Cannabis stocks aren't typically high on my list of go-to durable wealth creators -- except when it comes to Innovative Industrial Properties (NYSE: IIPR). Between its highly repeatable business model, persistently rising cash flows, and valuable service it provides for the cannabis industry, Innovative Industrial Properties (IIP) is a great option to increase your chances of retiring as a millionaire. Let's analyze how IIP makes money and why it might be a good fit for your portfolio.

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