IIPR - Power REIT Is The Best Cannabis Company To Invest In
- Power REIT is generating massive yields on property acquisitions, straight-line rental yields average 18%.
- Power REIT maintains a very low cost of capital relative to their yields being generated, fueling future earnings growth for the company.
- The company's lease structures are very attractive, as they protect against the potential legalization of cannabis on the federal level and provide annual rent escalations.
- Very attractive valuation relative to the only cannabis REIT peer, Innovative Industrial Properties.
- Lack of dividend is a positive, given they can redeploy their retained earnings towards acquisitions.
For further details see:
Power REIT Is The Best Cannabis Company To Invest In