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Cannabis Property Funds Control Over $4.5B: Are Investors Missing Out On High Dividend Stocks?

Benzinga ·  Jun 15 04:10

With increasing state-level legalizations, real estate investment trusts (REITs) such asInnovative Industrial Properties, Inc.(NYSE:IIPR)NewLake Capital Partners, Inc.(OTCQX:NLCP) andChicago Atlantic Real Estate Finance, Inc.(NASDAQ:REFI) are funds that provide capital, navigating the dissonance between state and federal laws.

Brad Thomas, real estate analyst and author of "REITs For Dummies," discusses the valuation of these stocks and the role REITs play in the cannabis industry.

The aggregate financial engagement (considering committed capital and equivalent significant activities) between Innovative Industrial Properties and Chicago Atlantic is approximately $4.5 billion.

Industrial Cannabis Properties Growth

Thomas explained Innovative...

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