INNOVATIVE INDUSTRIAL PROPERTIES, INC.

IIPR · NEW YORK STOCK EXCHANGE INC.

Lessors of Other Real Estate Property

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

ESG Scores

Overall ESG

2.0

Environmental

3.6

Social

1.6

Governance

6.0

Gender Diversity

Female Directors0.16670000000000001%

Female Executives0.02777777777777778%

CEO GenderMale

Market Data

Price$58.40+1.13 (+1.97%)

Market Cap$1.67B

P/E Ratio13.93

EPS$—

52W High$61.40

52W Low$44.58

Beta1.45