As you know, the situation regarding COVID-19 is fast-moving, and we are continuing to closely monitor its impact on the regulated cannabis industry. We are in daily discussions with our tenant partners and are reviewing the rapidly evolving federal, state and local government positions and strategies to address this health crisis and its economic impacts.
The team here at Innovative Industrial Properties has implemented its contingency planning, and continues to operate at 100% capacity, while maintaining the necessary protocols to protect the health and safety of each member of our team.
On May 7, we conducted our earnings call, where we provided an update on our business and the regulated cannabis industry generally, in light of the current pandemic. Please refer to the investor relations section of our website for the call recording, which is available for replay.
Our thoughts are with all of those who are affected by these events, and we are truly grateful for the selflessness and tireless efforts of the medical professionals, caregivers and researchers who are working on the front lines to fight this new coronavirus.