- Now, we are still very cautious when it comes to the current economic environment we are in, but we feel that the companies, like IIPR, who have solid fundamentals are the ones that investors should be looking at.
- This yield easily outpaces many of the consumer staples and utility companies and also offers a growth opportunity when it comes to the cannabis market.
- To continue to build the bullish case for IIPR, the fact that the company specifically targets the medical cannabis market as opposed to the recreational market we feel is a huge benefit.
- Overall we believe that IIPR is in a great position to ride out this economic storm, and even though it has seen its stock has seen a dramatic bounce off of lows, it could be a great stock to add to a long term portfolio.
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