5 Best Marijuana Stocks To Invest In

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In this article, we discuss 5 best marijuana stocks to invest in. If you want to read our discussion on the cannabis market, head directly to 12 Best Marijuana Stocks To Invest In

5. Innovative Industrial Properties, Inc. (NYSE:IIPR)

Number of Hedge Fund Holders: 11

Innovative Industrial Properties, Inc. (NYSE:IIPR) is a self-advised Maryland REIT that concentrates on acquiring, owning, and managing specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. (NYSE:IIPR) is one of the best marijuana stocks to buy. On December 15, 2023, the company declared a $1.82 per share quarterly dividend, a 1.1% increase from its prior dividend of $1.80. The dividend was distributed to shareholders on January 12. 

According to Insider Monkey’s fourth quarter database, 11 hedge funds were bullish on Innovative Industrial Properties, Inc. (NYSE:IIPR), compared to 16 funds in the prior quarter. Stuart J. Zimmer’s Zimmer Partners is the largest stakeholder of the company, with 950,628 shares worth $95.8 million. 

Follow Innovative Industrial Properties Inc (NYSE:IIPR)

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