“This is a new segment of the industrial real estate market
that is being created in front of our eyes,” said George M. Stone, a longtime real estate executive now focused on the pot business.
A few months ago, a real estate investment trust focused on leasing out warehouse space to growers started trading on the New York Stock Exchange.
Now he is a co-founder of Innovative Industrial Properties, a real estate investment trust
that buys buildings, renovates them and leases out space to medical marijuana growers.
