Some of the biggest pot companies have begun delivering positive earnings before interest, taxes, depreciation, and amortization (EBITDA). A few of them are also profitable. They have a long way to go, but the long-term outlook for pot stocks is bullish.
Investors could choose to accumulate shares of marijuana stocks on their price weakness, but there’s also an alternative way to play the growth of the marijuana sector. Consider Innovative Industrial Properties Inc (NYSE:IIPR), a real estate investment trust (REIT) that leases properties in the U.S. to regulated medical cannabis companies.
IIPR Stock Represents a Long-Term Opportunity
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