Meet the Marijuana Stock Even Warren Buffett Might Like

Warren Buffett and cannabis stocks go together like orange juice and toothpaste. In other words, they don't.

There are plenty of reasons why that's the case. Buffett has never been a fan of "sin" stocks. Most pot stocks aren't profitable -- and the billionaire investor doesn't like companies that don't make money. The fact that cannabis remains illegal at the federal level in the U.S. is also likely a major impediment.

However, I think there's one marijuana stock that even Buffett might like: Innovative Industrial Properties (NYSE: IIPR).

Source Fool.com