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Better Buy: Tilray or Innovative Industrial Properties?

TheMotleyFool

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Better Buy: Tilray or Innovative Industrial Properties?: https://g.foolcdn.com/editorial/images/711449/growgeneration.jpg

Tilray Brands (NASDAQ: TLRY) and Innovative Industrial Properties (NYSE: IIPR) may be two of the best bargains in cannabis right now.

Tilray's shares are down 34% this year, and it trades for a price-to-book value of only 0.62. Innovative's shares are down more than 53% this year, and it trades for a price-to-book value of 1.7.

Though both companies operate in the cannabis industry, comparing the two isn't easy because they're so dissimilar. Tilray is a cannabis retailer that has branched out into alcohol sales, while Innovative is the primary real estate investment trust (REIT), the main landlord for the cannabis industry.

Source Fool.com

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