Repurchased $20 Million of Common Stock and Maintained Strong Liquidity Exceeding$190 Million SAN DIEGO, CA – August 6, 2025 – Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company"), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today results for the second quarter ended June 30, 2025. Exhibit 99.1 Innovative Industrial Properties Reports Second Quarter 2025 Results Second Quarter 2025 Highlights Financ ...