WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR, IIPR-PA) resulting from allegations that Innovative Industrial Properties may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Innovative Industrial Properties securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=5301 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

WHAT IS THIS ABOUT: On April 14, 2022, during trading hours, market analyst Blue Orca Capital published a report regarding Innovative Industrial Properties which alleges several issues with the Innovative Industrial Properties including that it is “a marijuana bank masquerading as a REIT[,]” and that “IIPR is less of a traditional REIT, and more of a marijuana bank, lending to cannabis companies who otherwise would not have access to the banking system to grow their businesses.” Further the report alleges that “IIPR’s largest tenant is a failed SPAC that appears in severe financial distress and was recently sued by investors accusing it of securities fraud and being in effect a Ponzi scheme.”

On this news, Innovative Industrial Properties’ stock price fell $13.76 per share, or 7%, to close at $169.68 per share on April 14, 2022, on unusually heavy trading volume.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors…