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  "documentTitle": "Innovative Industrial Properties, Inc. (IIPR)",
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  "presentationDate": "2020-04-09 00:00:00",
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      "text": "To make matters worse for IIPR, the newly introduced Section 280E of the Internal Revenue Code will put additional financial strains on its tenants.",
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      "text": "The performance of IIPR's publicly listed tenants is truly terrible. Below is a list of companies that have seen their stock prices plummet since signing their first lease with IIPR as of April 2nd 2020.",
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      "text": "This is especially devastating since these publicly traded key tenants are all money losing, and as cannabis companies they don't have access to traditional bank financing.",
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      "text": "We also noted that the credit profiles of the tenants have been trending negatively. Financial performance got worse and therefore the need for external financing increased.",
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