3 Safe Dividend Stocks Making Money From Cannabis | Best Cannabis Stocks
3 Safe Dividend Stocks Making Money From Cannabis | Best Cannabis Stocks
► My Stock Portfolio + BUY and SELL alerts: https://patreon.com/jasonfieber
► My Top 5 Stocks for 2021: http://bit.ly/top5stocks2021
► Subscribe for new videos every day!: http://bit.ly/dai_youtube
Are you looking to profit from a new, exciting industry? Want to make some “green” cannabis money? Like the idea of collecting safe, growing dividends for years to come? Then you have to check out today’s video.
The cannabis industry is building up as legalization in the US becomes more widespread. While laws vary from state to state, we’re clearly on a path to full federal legalization at some point in the near future.
And that path is lined with green money. I’ve heard from time to time that dividend growth stocks are yesterday’s news. That any company paying growing dividends is mature and focused on old industries. Well, that’s just not true.
Many high-quality dividend growth stocks are focused on supplying tomorrow’s demand. Otherwise, they wouldn’t be able to pay those growing dividends. I can point to Fintech, AI, and 5G as examples of where you can invest and collect safe, growing dividends.
And the cannabis stocks industry is yet another example.
There are a number of high-quality dividend growth stocks that are directly exposed to cannabis. While things are a little bumpy right now, the long-term future looks very bright and profitable. That means lots of money to be made. And lots of big, safe, growing dividends to collect.
Today, I want to tell you about three high-quality dividend growth stocks, possibly the best stocks to buy now set to benefit and profit from cannabis.
Better yet, each of these three dividend stocks offer a unique one-two punch. They already have great business models. And they’ve combined those business models with cannabis to supercharge future growth.
The first stock I want to tell you about is Altria Group Inc. – stock ticker MO.
That’s because Altria owns 45% of Cronos Group Inc., a Canadian-based cannabis company. Tobacco and cannabis. Seems like a marriage made in heaven.
Altria has been a great long-term investment cannabis. And of the success of its Cronos ownership stake, it’ll almost certainly to be a great long-term investment. It’s just that the cannabis exposure is like a cherry on top of a beautiful sundae.
On top of that yield is growth, as Altria’s five-year dividend growth rate is 9.7%. And even though the stock is up 20% YTD, the P/CF ratio of 10.9 is well below its three-year average of 13.9. If you want a high-quality dividend growth stock with a big, growing dividend that could become even bigger and growthier through its cannabis exposure, Altria should definitely be on your list.
Second up, let’s discuss Constellation Brands, Inc. – stock ticker STZ.
They don’t do only beer, though. They also have wine and spirits. More importantly and more to the point of today’s video, they also have cannabis exposure. That’s due to their near-39% ownership stake in Canopy Growth – another Canadian cannabis company.
Last but not least, I want to tell you about Innovative Industrial Properties Inc. – stock ticker IIPR.
Real estate has long been a way to make a lot of money. Cannabis has long been a, well, less legal way to make money. This company combines those two industries into one business model.
Meanwhile, because of its status as a REIT, large, growing dividends are par for the course. They’ve wasted no time on this front. The company has increased its dividend for five consecutive years already, and they could be just getting started.
This thing is up more than 150% over the last year. I get it. It’s tough to buy a stock after it’s already gone on a huge run. And with a P/CF ratio of 32.6, it’s not an obvious bargain. But again, this business could be just getting started. Getting that one-two punch of cannabis and real estate through IIPR is a very, very compelling way to play this new industry.
FOLLOW US:
► Website: http://www.dividendsandincome.com/
► YouTube: http://bit.ly/dai_youtube
► Patreon: http://bit.ly/dai_patreon
#DividendStocks #BestStockstoBuy #DividendGrowthInvesting $MO $STZ $IIPR
LEGAL DISCLAIMER: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose your entire investment. If your money is not FDIC insured, it may decline in value. Jason is not a licensed financial advisor, tax professional, or stockbroker and he does not purport to be. Links above may include affiliate commissions paid to the owners of Dividends and Income and help support this channel.
STZ really needs to get into gambling to become the ultimate sin stock.🤣
Always killing it! Recent news on MO is a great time to buy the dip!
In STZ & IIPR. 2 of my 21 that averages 3%. Someone told me that’s about the "sweet" spot. I was happy to hear! Even includes MSFT & I’m 35. Lol
Does include many of your recommendations. It’s a little REIT heavy with WPC, MPW, STAG, IIPR & CNK but I like them all & the ability for REITS to do well in high or low inflation that is going up or down.
I love ur videos im 28 and started investing last month for my daughters future , iv learnt alot so thanks ur the best
Hi Jason, Great topic. I am heavy invested in MO. Scotts Miracle-Gro Company SMG is another great one…. Revenue Growth 40%
I desire buy these 3 stocks at the same time but not so much shares,but it is unrealistic,XD
I love when I buy a stock a week before you talk about it .. it is truly confirmed stamp of approval .. lol
Except for the fact that the price geysered in the last 12 months, I would say $SMG is also an MJ dividend growth play.
Worth keeping an eye on, IMHO.
Kronos
Another awesome video!
First like
I believe Scott’s miracle grow, Hersey, Pepsi, Coke, Siemens, and any butter producers will benefit as well.
Great video
IIPR has been good to me. I have a few grand worth in my taxable account that I put large amounts of high conviction picks in. I’d toss some in my IRA if I didn’t have better ideas to put there first.
All 3 are a pillar in my core dividend portfolio… Great content as usual…
Great work Jason. MO all the way….I don’t care about the recent stock drop
How much do we generally invest into these stocks,? Of course adding more and more but whats the initial investment to return some sort of dividends?
So just a random question to anyone. Do you think it would be better to invest a lot of money(1000+) into something like a monthly dividend stock like"O" and when that makes money invest in other stocks or spread yourself out and put $100 each into multiple dividend stocks? If that makes sense lol. Thanks for any input
Can you make video how many different company(stock) you should have in dividend portfolio?
I am always looking to get HIGH returns from my investments. Thanks for the video Jason!
Thank you for great job and great video 🥂now having look 👀
I have a few shares of IIPR. I wish I bought more.
oh yeah i "invested" alot into tobacco, booze, and pot in my younger years.
Detailed informative video. What are your thoughts on Organigram Holdings [OGI]?
Jason again another great video. I really enjoy watching and learning from your channel. Question; do you think a person in there 50s can benefit from some of the blue chip companies yourself is invested in to make some dividends within 10 years as extra spending money or you recommend just ETF’s without the hassle watching a allot stocks. Also, with your patron page , am I allowed to cancel at any time if that ever came about, not that it would from the content you provide. Any advice you can give is greatly appreciate
Great video Jason – thanks much.