Innovative Industrial Properties (IIPR) Archives

Cannabis Stocks With Impressive Dividend Yields

Posted on May 9, 2019May 8, 2019 by Michael Vodicka

For dividend investors, the cannabis sector looks pretty scary.

This high-growth sector has a reputation for extreme volatility, unpredictable earnings reports, and mega-acquisitions that can stress the balance sheet.

While these traits hold true for a large segment of the cannabis sector, what many investors don’t realize is that there is a hidden class of cannabis stocks that completely buck the trend.

These undercover cannabis stocks offer more share price and earnings stability than the traditional cannabis stock. More important – they are also excellent dividend payers.

3 of the Best Cannabis Dividend Stocks

These three dividend payers all have unique qualities:

The first pays a 5.4% dividend that is a 150% premium to the S&P 500’s 1.8% dividend yield.
The second has grown its dividend by more than 200% in the last two years.
The third has a low dividend payout ratio of 58%, making it highly reliable.

Largest Dividend

Continue reading "Cannabis Stocks With Impressive Dividend Yields" →

New York Wants To Legalize Cannabis in 2019

Posted on January 16, 2019 by Michael Vodicka

New York is on the fast track to becoming the second largest recreational cannabis market in the United States. Today I am going to reveal two promising young cannabis companies operating in New York that are in position to benefit.

New York governor Andrew Cuomo revealed some big news in late December when he announced that legalizing recreational cannabis would be one of his top priorities in 2019.

Here are some more details from the New York Times.

Gov. Andrew M. Cuomo announced that he would push to legalize recreational marijuana next year, a move that could generate more than $1.7 billion in sales annually and put New York in line with several neighboring states. The highly anticipated proposal came in a speech in Manhattan on Monday, in which the governor outlined his agenda for the first 100 days of his third term.

This is big news for the US cannabis industry. If New York achieves its goal – that’s what I expect – it would almost instantly make the state one of the largest cannabis markets in the country.

The New York comptroller released a study in May that predicted New York cannabis market would grow into a $3.1 billion annual industry.

This is creating another great investment opportunity. With billions set to flow through New York’s cannabis market every year, cannabis companies are scrambling to cash in. Continue reading "New York Wants To Legalize Cannabis in 2019" →

Massachusetts Set To Legalize Cannabis

Posted on May 31, 2018 by The INO.com Team

Analysis originally distributed on May 23, 2018 By: Michael Vodicka of Cannabis Stock Trades

Back in January 2018, California legalized recreational cannabis. It was a huge breakthrough for the US cannabis industry and it sent cannabis stocks operating in California soaring.

For example, Innovative Industrial Properties (IIPR), a US cannabis company headquartered in San Diego California, jumped almost 100% in the month leading up to California going legal. Shareholders were rewarded with some big gains in a short time.

Today – I see this same pattern repeating itself on the other side of the country.

Massachusetts is set to legalize recreational cannabis on July 1 – a little more than a month away.

According to market-research firm New Frontier Data, sales should be around $500 million in 2018 and jump to more than $1 billion by 2020. Continue reading "Massachusetts Set To Legalize Cannabis" →

6 Cannabis Stocks Set to Surge from California's Rec Market

Posted on December 22, 2017December 21, 2017 by The INO.com Team

Analysis originally distributed on December 13, 2017 By: Michael Vodicka of Cannabis Stock Trades

Cannabis stocks have a huge event directly on the horizon. In fact, it's the most important event of the last 12 months and I expect it to send a certain group of cannabis stocks soaring.

On January 1 California will become the latest - and largest US state - to legalize recreational cannabis.

This is easily the most important event in the cannabis sector in the last 12 months. And I expect it to be a huge catalyst for cannabis stocks for two reasons.

1. Billions In New Sales:

California is already the largest cannabis market in the world - by a long shot. Its legal and illegal cannabis market did around $8 billion in sales in 2016 - with 75% of that from illegal sales. Recreational is expected to quickly chip into illegal sales and grow into a $4 billion annual market within a few years, from basically $0 today. That is a potential revenue and profit windfall for cannabis companies ready to capitalize. I expect this to be a strong tailwind for US cannabis stocks in general and particularly ones operating in California's high -growth market.

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