IIPR - 2 Marijuana Stocks To Watch For Cannabis Investing
2023-05-03 11:22:42 ET
Top Marijuana Stocks In Todays Stock Market
Many marijuana stock investors have had to readjust their trading styles over the years. At one time investing in top marijuana stocks was seen as short-term investing with quick turnarounds. Yet this is currently not the case for the majority of the sector. There has been a large amount of volatility that has entered the sector over the last couple of years. Now many have had to adjust their style of trading but not all have been able to do so.
With volatility being at a high level for the sector there are even more unpredictable trading patterns. However, even with up and down trading when there is a decline this is when searching for the best marijuana stocks to buy would come into play. Just make sure you do your research and learn about which cannabis companies you want to invest in.
The more you know the better odds you have at investing in the marijuana stocks that will yield solid profits. Also, keep in mind the cannabis industry is still young. What this means is there is still a lot of work to be done from all aspects of the industry. This gives much hope that finding the right marijuana stocks is possible even in a volatile sector. Below are a few marijuana stocks to watch for better trading in 2023.
Top Marijuana Stocks 2023
Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership, and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. The company will report results for its first quarter ended March 31, 2023, after the market closes on Monday, May 8, 2023.
Alan Gold, Executive Chairman, Paul Smithers, President and Chief Executive Officer, David Smith, Chief Financial Officer, Catherine Hastings, Chief Operating Officer, and Ben Regin, Chief Investment Officer, will host an investor conference call at 10:00 a.m. Pacific Time on Tuesday, May 9, 2023, to discuss the company’s financial results and operations for the quarter.
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Power REIT
Power REIT is a real estate investment trust (REIT) that owns real estate related to infrastructure assets. This includes properties for Controlled Environment Agriculture, Renewable Energy, and Transportation. Power REIT is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture.
At the end of January, the company announced its 2022 dividend income tax treatment.
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The Federal income tax classification of the distribution per share on the Company’s 7.75% Series A Preferred Stock with respect to the calendar year ended December 31, 2022.