Investors, understandably, have been gun shy since the cannabis investment market has been full of disappointments. However, there are four companies that are in the industry or adjacent to it that are still solid stocks according to the article. They include Innovative Industrial Properties Inc, Scott’s Miracle-Gro, PerkinElmer, and The Cannabis ETF. Most of these companies gave out a dividend or increased in value.

Key Takeaway:

  • 2019 was a hard year for cannabis investors as several companies made bad decisions which turned investments sour.
  • People still want to be involved in the industry and the article recommends investors to get stocks with dividends.
  • The four companies that article focuses on are Innovative Industrial Properties Inc, Scott’s Miracle-Gro, PerkinElmer, and The Cannabis ETF.

“A small group of cannabis stocks actually pays dividends. So, investors can earn some money while they are waiting for the industry to recover.”(Borchardt, 2020)

Link to article:

https://realmoney.thestreet.com/investing/stocks/grow-some-green-dividends-as-cannabis-stock-recovery-drags-on-15242267

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