|Bid||171.62 x 800|
|Ask||172.68 x 1100|
|Day's Range||170.65 - 173.26|
|52 Week Range||75.52 - 222.08|
|Beta (5Y Monthly)||1.45|
|PE Ratio (TTM)||47.63|
|Earnings Date||Aug 03, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||5.28 (3.01%)|
|Ex-Dividend Date||Mar 30, 2021|
|1y Target Est||213.83|
A number of pot stocks have reported double- or even triple-digit balance sheet gains during the pandemic and surged to new all-time highs in the process. Small-cap pot stock Ayr Wellness (OTC: AYRW.F) owns a family of cannabis brands under which it sells everything from oil to terpenes to and edibles. The company also owns and operates a chain of marijuana dispensaries in five states: Arizona, Florida, Massachusetts, Nevada, and Pennsylvania.
Income investors want to collect great dividend yields, but don't want to worry about whether or not a generous payout will get cut -- or, even worse, eliminated -- because the company can no longer afford it. Below, I'll show you how investing in a stock like Innovative Industrial Properties (NYSE: IIPR) can lead to you earning 10% or more of your initial investment back each year. Searching for double-digit yields is a good way to find bad investments.
These three companies are all benefiting from the explosion in cannabis sales without even touching the plant.