Why This Cannabis Stock Is the Gift That Keeps on Giving

Over the past decade, the rise of the cannabis industry has created a lot of wealth for investors. Those who invested early likely saw their investments double or triple in just a few short years. For example, my investment in Innovative Industrial Properties (NYSE: IIPR) -- a real estate investment trust (REIT) specializing in leasing industrial space to medical marijuana operators -- grew over six times in just five years.

Growth at this scale is impressive by any measure, but when coupled with the company's high-paying dividends and opportunity for future growth, it's understandable to see why Innovative Industrial Properties is the gift that keeps on giving.

Image source: Getty Images.

Continue reading

Source Fool.com