IIPR

Innovative Industrial Properties

Stocks

Why I'm Not Worried by This Must-Own Cannabis REIT's Slide

Innovative Industrial Properties is one of my original cannabis recommendations. It's one of my favorites, too – and not just because it's given folks a chance at more than 200% in peak gains, either.

I like innovative because of its increasing yield and its totally unique position in the cannabis sector. It doesn't touch the plant, which frees it from the heaviest regulatory baggage, but as a real estate investment trust, it provides the real estate needed for cannabis companies to do business.

In fact, Innovative buys the cannabis facilities from the companies that build them and leases those facilities back at a handsome premium. Innovative collects rents in excess of market rates, and the companies get the cash they need to grow their cannabis business.

But since last we spoke about it, IIPR shares are down by about 35%.

And while folks who were following along closely already sold half their position when Innovative doubled (the first time), and thus own IIPR "free," it's still important for me to tell you why I'm not too worried here...

Stocks

Why Constellation Brands Is Still a Company You'll Want to Own Forever

Back in early July, I told my readers that one of the "safer" ways to invest in Canopy Growth was through buying shares of Constellation Brands.

Constellation owns a 38% stake in Canopy, so it has skin in the game and exposure to the cannabis market.

But that's just scratching the surface…

Outside of its stake in Canopy, which is already a huge deal, Constellation is also the maker of Corona and owns whiskey, vodka, and tequila brands. This gives it yet another source of revenue and a defensive moat.

Bottom line, it's truly a force to be reckoned with in the cannabis sector!

However, Constellation is already looking ahead to the future. It has sold off some of its wine brands that retail for under $11 so that management can focus on selling more lucrative adult beverages.

Overall, I believe that this is a stock you can retire on. Why? Constellation is a powerhouse company you'll want to keep in your portfolio on a very long-term basis – because it's only going to grow every year.

With that kind of growth and profit potential, you'll be living a very comfortable retirement.

Now, the stock price did take a bit of a dip in January, but it's been rebounding ever since. And you shouldn't be listening to those newer investors who like to focus on the share price and say it's expensive. If you focus on accumulating shares of a quality company, it will add up over time.

Plus, by offering something most cannabis companies can’t right now, it’s doubling its enormous profit potential…

Stocks

The Triple-Digit Gains Aren't Over for This Cannabis Real Estate King

Innovative Industrial Properties is the only dividend-paying cannabis company right now (though odds are it won't be the last).

I recommended it in mid-October 2018 at just above $43 a share.

We've had the chance to reap gains as high as 218% in the meantime, far outpacing the modest 7% gains seen on the S&P 500. That performance isn't surprising, given that this unique, rare stock sits right at the nexus of cannabis and real estate.

What is surprising, on the surface, is how the shares have fallen since the middle of July.

Cannabis' only dividend-payer has dropped from a July 11 intraday high of $139.53 to sit just above $104 at the time of writing.

Certainly nothing's happened since then to throw any cold water on marijuana's explosive growth; the march to federal de-scheduling and legalization has, if anything, sped up.

The drop has everything to do with a strategic move Innovative made – one that's ultimately fantastic news for shareholders with a long view and an appetite for three or four "rounds" of big profits.

I hope everyone's taking the opportunity to add to their IIPR position at these bargain prices, because they'll be a distant memory soon.

Here's why... Full Story

Stocks

I'm Calling a "Blue Light Special" on These Stocks

You probably remember experiencing the famous "Blue Light Special" if you've ever shopped at a Kmart.

That's when you'd hear an announcement about a 15-minute discount on a product and see the flashing blue light come on in an aisle – then, a flurry of shoppers trying to get their hands on the discounted product.

Kmart may be history, but the "Blue Light Special" idea is alive and well in the stock market.

And Tom's calling a "Blue Light Special" on these moneymaking stocks right now...

ETFs

Here’s the Truth About Popular Cannabis ETFs

Exchange-traded funds (ETFs) have never been more popular. They boast around $5 trillion in assets as of late 2018, and, depending on the day, they account for anywhere from 25% to 40% of all daily volume in U.S. markets.

These baskets of assets, containing everything from stocks and indexes to commodities, bonds, and currencies allow investors easy "one-stop shop" exposure to vast swathes of the global market.

If you can think of it and you can buy or sell it on a market, there's probably an exchange-traded product for it.

So, naturally, we're starting to see marijuana sector ETFs – one of which, in particular, is trading at prices that seem attractive at first glance.

Let's take a look at the cannabis fund I've got my eye on. I'll tell you exactly what's going on with it and the best move to make to maximize your marijuana profit potential...

Stocks

The SAFE Banking Act Is a Game-Changer for Marijuana Stocks

We've talked about some of the last hurdles the cannabis industry has to clear before it can achieve two important, related goals:

Reach its full, projected $146 billion potential.

Hand investors returns that could ultimately dwarf everything that's come before.

Of course, the descheduling and legalization of pot at the federal level would take us a long way toward clinching those ambitions.

But almost as importantly, marijuana businesses need free and full access to the banking sector, just like any other legitimate American enterprise.

As it stands now, cannabis firms – completely legal in their respective states – cannot use banking services, because the money would cross state lines and expose both the business and the bank serving it to federal racketeering and money-laundering charges.

As we've discussed, this forces marijuana companies to operate on a cash-only basis, which brings with it a slew of unique and, more importantly, expensive challenges; those "challenges" are essentially taking money out of shareholders' pockets.

Some small, regional, and local banks have boldly stepped in to serve these perfectly legal businesses, but the approach has been more or less piecemeal.

Well, a monumentally important congressional vote this past Friday stands to change all that. It's going to change everything, in fact.

This is the "light at the end of the tunnel"; it's confirmation that our investing approach is fully sound.

Most of all, it's the clearest signal yet that mammoth profits await those pot stock investors who move right now...

Trading Strategies

This Backdoor Cannabis Play Could Climb Over 100%, and It's the Perfect Time to Strike

At the National Institute for Cannabis Investors, we talk a lot about cannabis banking. That's because accessing loans and depositing money are still huge hurdles facing cannabis companies.

But the progressive financial firms that realize how much money there is to be made working with legal cannabis companies will be handsomely rewarded.

And I've found the perfect play…

Just like when we talked about Innovative Industrial Properties – which is now up almost 100% since we launched the American Cannabis Summit on Oct. 23, 2018 – we wanted to add another way for you to try and capture an additional potential triple-digit return.

Of course, timing is everything, so you may have not seen when we first mentioned Innovative Industrial Properties and bought it at a higher price, or you may have simply chose not to buy its shares.

But if you missed out, that's okay. I wanted to share another play with you today that could offer a similar profit opportunity, and the timing is perfect.

I talked to my friend and banking expert, Money Morning Special Situation Strategist Tim Melvin, and he tells me that as of right now, there is only ONE publicly traded bank taking on cannabis customers – the rest are credit unions or privately held banks.

I've held off talking about this company too much before because it faced some significant challenges outside of its cannabis business. However, those challenges seem to be behind it, and we could soon see a quick jump in the stock price thanks to some positive headwinds.

So right now, I'm going to share with you hopefully another big winner to add to your growing list of cannabis investments...