Sector: Real Estate
After falling for the first two days this week, the cannabis sector maintained that weakness today. Let's look at some cannabis stocks that are in the news.
As of November 8, IIPR was trading at $85.22, which represents an increase of 17.4% since its third-quarter earnings release on November 6.
The cannabis sector's down despite strong broader-market performance. Between IIPR, Aurora, Canopy Growth, and KushCo, only this one stock is up today.
Canopy Growth (CGC) (WEED) and Cronos Group (CRON) are set to release their earnings next week. The cannabis sector has been on a roller coaster this year.
Innovative Industrial Properties (IIPR) is set to report its third-quarter results tomorrow. IIPR stock, up 67.2% year-to-date, has been investor favorite.