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Did IIPR's Q1 Results Calm Investors' Fears?

TheMotleyFool

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Did IIPR's Q1 Results Calm Investors' Fears?Photo, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png

In April, short-seller Blue Orca Capital released a troubling report about Innovative Industrial Properties (NYSE: IIPR). Among other things, it alleged that the company was a "marijuana bank masquerading as a REIT" and that the company's top tenant was in default.

Short-sellers often have an agenda -- trying to get a stock's price to crash. But the proof is usually in the numbers, which I'll focus on in the latest quarterly report from Innovative Industrial Properties (IIP), which it released last week.

Image source: Getty Images.

Source Fool.com

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