The IPO markets (along with the overall markets) will be slow this week as the U.S. heads into the Thanksgiving week. Most of any IPO activity will likely happen early in the week as the markets are closed Thursday, and will be open for only a half day on Friday. As far as new IPO's that are scheduled on the calendar this week, we only have two. Going into next week we may have a few more that could try to launch before we get into the Christmas holiday season.

First up we have Innovative Industrial Properties (IIPR  ) which hopes to be one of the first publicly traded cannabis REIT's (Real Estate Investment Trusts). The company does not currently own any properties but hopes to focus exclusively on facilities that specifically produce cannabis. They are looking to raise $175 million by offering 8.75 million shares at a price of $20. According to their filing the company has a purchase agreement in the works for its first property and will be using some of the proceeds for this. There is a strong movement in the states for medical and recreational cannabis use and IIPR is hoping to ride that wave.

Next is Eagleline Acquisition (IGLEU  ) which is a company specifically focused on acquiring and operating healthcare businesses. According to their filings the company's management has the experience to identify the properties that are financially rewarding for the new IPO. With over 100 healthcare facilities evaluated the company feels they have the experience to find the hidden gems.