With this cannabis stock pick, you can enjoy explosive returns all while earning a dividend…
Dividends are usually paid out by boring companies with boring stock prices.
Take Johnson & Johnson (NYSE: JNJ), the healthcare giant that sells just about anything you might find in a drug store. People will always need band-aids and shampoo, which is what has allowed this company to pay dividends to its shareholders for the last 25 years.
However, the JNJ stock price has only increased by 34% in the past five years, which means its current dividend of $4.24 (a 2.64% yield) hasn’t grown much, either. When investing in companies that pay dividends, investors sacrifice the ability to profit from stock price growth.
That’s why Innovative Industrial Properties Inc. (NYSE: IIPR) was such a game-changer when it first went public in 2016.
Innovative Industrial went public on December 1, 2016, for $20 per share. Since then, its stock price has increased by a whopping 1,225%, all while still paying a dividend.
That’s because this company capitalizes on the rapid growth of the United States cannabis industry without ever touching the plant itself. Instead, Innovative Industrial acts as a “cannabis landlord,” otherwise known as a real-estate investment trust (REIT), that rents out properties to cannabis operators for their cultivating, processing, or retail facilities.
This arrangement allows investors to earn dividend payouts while still profiting from the explosive stock price appreciation of the cannabis industry.
Of course, IIPR is now trading for roughly $265 per share – and not many people want to spend $265 to buy one share of a company.
But the good news is that we’ve uncovered another “cannabis landlord” that just went public in March.
And this company looks a lot like Innovative Industrial did back in 2016; it’s trading for just over $20 per share and offers the same profit potential to early investors.
We’ve prepared a special dossier on this company for our NICI Membership subscribers.
But as the co-owner of the cannabis dispensary chain Hashstoria, Charles Delvalle has become particularly familiar with this company – and he’s excited to bring you the details.
To make sure you’re among the first to receive the comprehensive dossier on this dividend-paying REIT pick, which drops early next week to all of our NICI Membership subscribers, all you have to do is click here.
Those already in NICI Membership won’t need to lift a finger to have the special dossier on this REIT hit your inbox next week since you are already a member – and you can click here to access your dividend-paying stock pick today.
To your investing success,
Executive Director, National Institute for Cannabis Investors
One response to “Here’s a Dividend Play That Gives You Access to the Explosive Profit Potential of the Cannabis Industry – Plus a Regular Payout”
October 26 2021