The Top 3 Marijuana Stocks to Buy in 2021Posted by On


Global marijuana sales will soar to $200 billion within the next decade, according to investment bank Stifel. Fortunes will be made by investors who are able to identify the companies best positioned to succeed within this enormous and fast-growing market.

If you’d like to cash in on the cannabis boom, here are three high-quality businesses with particularly attractive growth prospects.

A cannabis leaf is on top of a $100 bill.

These cannabis stocks could make you richer in the year ahead. Image source: Getty Images.

Innovative Industrial Properties

Innovative Industrial Properties (NYSE:IIPR) excels at turning cannabis into cash for its investors. Rather than produce it directly, IIP acquires facilities that can be used to grow medical marijuana and leases them to state-licensed producers. This real estate investment trust (REIT) then passes the cash flow from these leases on to its shareholders via fast-growing dividend payments. 

IIP’s total addressable market is set to grow even larger as more states legalize marijuana. Yet it has plenty of room to expand within its existing markets. Already more than 30 states have legalized medical marijuana. IIP currently owns 66 properties in 17 states. That’s up from 11 properties in nine…

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Global marijuana sales will soar to $200 billion within the next decade, according to investment bank Stifel. Fortunes will be made by investors who are able to identify the companies best positioned to succeed within this enormous and fast-growing market.

If you’d like to cash in on the cannabis boom, here are three high-quality businesses with particularly attractive growth prospects.

A cannabis leaf is on top of a $100 bill.

These cannabis stocks could make you richer in the year ahead. Image source: Getty Images.

Innovative Industrial Properties

Innovative Industrial Properties (NYSE:IIPR) excels at turning cannabis into cash for its investors. Rather than produce it directly, IIP acquires facilities that can be used to grow medical marijuana and leases them to state-licensed producers. This real estate investment trust (REIT) then passes the cash flow from these leases on to its shareholders via fast-growing dividend payments. 

IIP’s total addressable market is set to grow even larger as more states legalize marijuana. Yet it has plenty of room to expand within its existing markets. Already more than 30 states have legalized medical marijuana. IIP currently owns 66 properties in 17 states. That’s up from 11 properties in nine…



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