TPB - 3 Best Marijuana Stocks to Buy in May
2023-05-09 09:53:00 ET
Sometimes, you have to turn over a new leaf when you're looking for marijuana stocks to invest in. There's plenty of long-term growth anticipated for the industry, but short-term headwinds have sent many cannabis stocks into a tailspin.
NewLake Capital Partners (OTC: NLCP) , Green Thumb Industries (OTC: GTBIF) , and Turning Point Brands (NYSE: TPB) all have different levels of exposure to cannabis, but the one thing I like about all three is their solid financial positions. Here's a look at each.
NewLake Capital Partners is a real estate investment trust ( REIT ) that specializes in triple net leases of industrial and retail property to cannabis companies. The company's shares are down more than 16% so far this year but up a little more than 9% this month .
For further details see:
3 Best Marijuana Stocks to Buy in May