Why marijuana dividend stock Innovative Industrial (IIPR) fell 18% in October

11/2/19–Shares of Innovative Industrial Properties (NYSE:IIPR) declined 17.7% in October, according to data from S&P Global Market Intelligence. The stock’s return was also negative 17.7%, since no dividends were paid during the month. Innovative Industrial stock’s subpar showing in October is being attributed to continued weakness in the overall cannabis sector rather than to company-specific happenings. Read