Author Bio
A Fool since 2010, and a graduate from UC San Diego with a B.A. in Economics, Sean specializes in the healthcare sector and investment planning. You ll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. Follow @TMFUltraLong
Despite an exceptionally challenging year in 2020, one industry that found itself ablaze was cannabis. With the industry maturing and offering sustainable double-digit sales growth, investors appetites for fast-growing marijuana stocks returned in a big way.
After perusing the field of publicly traded pot stocks with at least a $200 million market cap, I ve identified eight marijuana stocks that shared one common theme: they all ended the year higher by a triple-digit percentage. Ladies and gentlemen, I give you the top eight marijuana stocks in 2020.
January 08, 2021 at 08:54 AM EST
Innovative Industrial Properties Expands Real Estate Partnership with Holistic Industries in CaliforniaInnovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it signed a long-term lease with Holistic Industries Inc. (Holistic) for its property located in Los Angeles, California.
As previously reported, Holistic entered into a definitive agreement to acquire the retail, distribution, cultivation and manufacturing licenses for cannabis operations from the tenant at IIPâs Los Angeles, California property, which was in receivership. Holistic closed on this transaction and concurrent with this closing executed a long-term, triple-net lease with IIP for the entire property. In connection with the planned redevelopment of the property, IIP has agreed to provide reimbursement to Holistic of up to $11.0 million.
Your Guide to Investing in Marijauna: Exciting Cannabis Stocks and ETFs gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.