IIPR - 2 Explosive Pot Stocks to Buy in 2023 and Beyond
2023-06-22 07:59:00 ET
Let's be honest: The marijuana industry hasn't produced too many winners for investors lately. But among the many struggling companies there are a few quality operators worthy of investment.
Here's a look at two that I believe are a cut above the rest: Innovative Industrial Properties (NYSE: IIPR) and Green Thumb Industries (OTC: GTBIF) .
The largest and most prominent of the marijuana real estate investment trusts (REITs) on the market, Innovative has one great advantage over other pot stocks: It isn't directly involved in the cultivation, processing, and retail of the product. Therefore, it carries almost none of the risk faced by such enterprises. Rather, as an REIT, it is a landlord to some of the top growers in the industry.
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2 Explosive Pot Stocks to Buy in 2023 and Beyond