While we wait for the legal marijuana sector to expand, an intriguing alternative way to play the sector is via shares of Innovative Industrial Properties Inc (NYSE:IIPR.). It’s a real estate company that leases properties to regulated medical cannabis facilities in the U.S.
It makes sense to consider Innovative Industrial Properties stock. With IIPR stock, an investor is playing the growth of the U.S. medical marijuana sector. Better yet, the federal legalization of recreational marijuana in the U.S. would provide even bigger opportunities to Innovative Industrial Properties Inc.
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