Jim Cramer - Mad Money
Innovative Industrial Properties
IIPR-N
BUY
Nov 04, 2020
A REIT that leases properties to licensed medical cannabis growers. It pays a 3.5% dividend. It rose higher by $10 today. It will benefit as more states legalize weed.
If Biden wins, the cannabis sector will benefit A U.S. REIT for licensed medical marijuana facilities. A way to play the cannabis boom. Pays a 3.63% dividend and the stock pulled back this week and a good entry point.
It's a REIT, a landlord of the medical marijuana business with specialized greenhouses. He doesn't like cannabis stocks, but likes this REIT. Pays a 2.6% yield and keeps raising their dividend.