INNOVATIVE INDUSTRIAL PROPERTIES INC
Customers
8
6 active
Suppliers
0
None disclosed
Largest customer
14%
AAWH · 3M to 2026-06-30
Named-customer revenue
$31.7M
5 customers · 3M to 2026-06-30
Latest period
Jun 30, 2026
10-Q filed 2026-08-04
Customers 8
Companies IIPR discloses as major customers, as a share of IIPR revenue. 6 active, 2 lapsed.
| Company | % of IIPR revenue | Est. revenue | Period | Trend | Status | Source |
|---|---|---|---|---|---|---|
| AAWH Ascend Wellness Holdings, Inc. |
14% | $8.9M | 3M 2026-06-30 | +2.0pp | Active | 10-Q 2026-08-04 |
Ascend Wellness Holdings, Inc. ("Ascend") 4 14 % Ascend Wellness Holdings, Inc. ("Ascend") 4 12 % Ascend Wellness Holdings, Inc. ("Ascend") 4 12 % Ascend Wellness Holdings, Inc. ("Ascend") 4 13 % | ||||||
| PharmaCann Inc. Non-SEC PharmaCann Inc. |
12% | $8.6M | 3M 2025-03-31 | −5.0pp | Lapsed Last seen 2025-03-31 |
10-Q 2026-05-05 |
PharmaCann Inc. ("PharmaCann") 11 12 % PharmaCann Inc. ("PharmaCann") (1) 11 17 % PharmaCann Inc. ("PharmaCann") (1) 11 17 % | ||||||
| GTBIF Green Thumb Industries Inc. |
10% | $6.3M | 3M 2026-06-30 | +1.0pp | Active | 10-Q 2026-08-04 |
Green Thumb Industries, Inc. ("Green Thumb") 3 10 % Green Thumb Industries, Inc. ("Green Thumb") 3 9 % Green Thumb Industries, Inc. ("Green Thumb") 3 9 % | ||||||
| CURLF Curaleaf Holdings, Inc. |
9% | $5.7M | 3M 2026-06-30 | +1.0pp | Active | 10-Q 2026-08-04 |
Curaleaf Holdings, Inc. ("Curaleaf") 8 9 % Curaleaf Holdings, Inc. ("Curaleaf") 8 8 % As of such date, five of our tenants, Ascend (at four of our properties), Green Thumb (at three of our properties), Curaleaf (at eight of our properties), Trulieve (at six of our properties) and The Cannabist Company (at 21 of our properties) represented 12%, 9%, 8%, 8% and 8%, respectively, of our rental revenues (including tenant reimbursements) for the year ended December 31, 2025. Curaleaf Holdings, Inc. ("Curaleaf") 8 9 % Curaleaf 8 7 % Curaleaf 8 7 % | ||||||
| TRLV Trulieve Cannabis Corp. |
9% | $5.7M | 3M 2026-06-30 | +1.0pp | Active | 10-Q 2026-08-04 |
Trulieve Cannabis Corp. ("Trulieve") 6 9 % Trulieve Cannabis Corp. ("Trulieve") 6 8 % Trulieve, Inc. ("Trulieve") 6 8 % Trulieve Cannabis Corp. ("Trulieve") 6 8 % | ||||||
| CRLBF Cresco Labs Inc. |
8% | $5.1M | 3M 2026-06-30 | +1.0pp | Active | 10-Q 2026-08-04 |
Cresco Labs Inc. 5 8 % Cresco Labs Inc. 5 7 % | ||||||
| The Cannabist Company Non-SEC The Cannabist Company |
8% | $21.3M | FY 2025-12-31 | ±0.0pp | Active | 10-K 2026-02-24 |
As of such date, five of our tenants, Ascend (at four of our properties), Green Thumb (at three of our properties), Curaleaf (at eight of our properties), Trulieve (at six of our properties) and The Cannabist Company (at 21 of our properties) represented 12%, 9%, 8%, 8% and 8%, respectively, of our rental revenues (including tenant reimbursements) for the year ended December 31, 2025. The Cannabist Company 21 8 % The Cannabist Company 21 8 % | ||||||
| SH Parents, Inc Non-SEC SH Parents, Inc |
7% | $21.7M | FY 2023-12-31 | Lapsed Last seen 2023-12-31 |
10-K 2026-02-24 | |
SH Parents, Inc. ("Parallel") (2) 4 7 % | ||||||
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