Innovative Industrial Properties Refutes a Short-Seller's Attack Calling It "the WeWork of Cannabis"
Innovative Industrial Properties (NYSE: IIPR) published a defense of its business after a blisteringly critical report on the company was published on Thursday.
That 36-page report, written by an investment firm called Grizzly Research, rhetorically asks whether the marijuana real estate investment trust (REIT) is "the WeWork of Cannabis." It supports its answer ("[w]e think it's worse!") by making a host of accusations, including:
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Source Fool.com
