Innovative Industrial Properties1 FORWARD LOOKING STATEMENTS WHY IIPR WAS FORMED We are the first and only publicly traded company on the New York Stock Exchange (NYSE: IIPR) to provide real estate capital to the regulated cannabis industry Large and Growing Financing (1) Source: BDSA Legal Cannabis Market Forecast (February 22, 2023) (2) Source: 2022 U.S. Cannabis Report, New Frontier Data. Structured long-term cash flows Capital efficient lease structure Execute sale-leasebacks and fund improvements for c ...