IIPR - Better Buy: Tilray or Innovative Industrial Properties?
Tilray Brands (NASDAQ: TLRY) and Innovative Industrial Properties (NYSE: IIPR) may be two of the best bargains in cannabis right now.
Tilray's shares are down 34% this year, and it trades for a price-to-book value of only 0.62. Innovative's shares are down more than 53% this year, and it trades for a price-to-book value of 1.7.
Though both companies operate in the cannabis industry, comparing the two isn't easy because they're so dissimilar. Tilray is a cannabis retailer that has branched out into alcohol sales, while Innovative is the primary real estate investment trust ( REIT ), the main landlord for the cannabis industry.
For further details see:
Better Buy: Tilray or Innovative Industrial Properties?