Top Marijuana Stocks To Watch As 2025 Nears
Cannabis stock investors face another complex year ahead. The reason for this is the politics surrounding cannabis reform. For as long as pot stocks have been publicly traded, the pros and cons of reform have always impacted trading. With how far the industry has come, speculation on what will take place in 2025 has amped up. The global cannabis market has consistently generated billions of dollars.
This has intrigued many to get involved and learn how to find the top marijuana stocks to buy. But what does the future look like for cannabis if federal reform never comes? How will states and other global regions improve on their programs to have a more efficient industry as a whole? Which in turn could help lower the amount of volatility in the public sector for marijuana stocks. As this could be a factor less volatile trading could produce a chance to see better all-round trading.
Right now with all that is going on marijuana stocks still trade with unpredictable patterns. This makes learning patterns a challenge. But in a way, volatility holds value with the up-and-down trading and catching the bounce when it does occur. The best way to trade and invest in do your research and have a trading plan in place. Preparation is key with anything and stocks are no different. Below are several marijuana stocks to watch in the sector today.
Top Pot Stocks In The Market
- Innovative Industrial Properties, Inc. (NYSE:IIPR)
- NewLake Capital Partners, Inc. (OTC:NLCP)
- Chicago Atlantic Real Estate Finance, Inc (NASDAQ:REFI)
Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. In early November of 2024, the company reported its Q3 2024 earnings.
Highlights Key Mentions
- Generated total revenues of $76.5 million and net income attributable to common stockholders of $39.7 million
- Recorded adjusted funds from operations (AFFO) and normalized funds from operations of $64.3 million and $57.8 million, respectively.
- Subsequent to quarter end, upsized IIP’s revolving credit facility to $87.5 million, which remains undrawn as of today.
NewLake Capital Partners, Inc.
NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. During the 2nd week of November 2024, the company released its 2024 Q3 financials.
Q3 2024 Financial Highlights
- Revenue totaled $12.6 million.
- Net income attributable to common stockholders totaled $6.4 million.
- Funds From Operations (“FFO”)(1) totaled $10.3 million.
- Adjusted Funds From Operations (“AFFO”)(1) totaled $10.8 million.
- Cash and cash equivalents as of September 30, 2024, were $19.8 million, with $12.2 million committed to fund building and tenant improvements.
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Chicago Atlantic Real Estate Finance, Inc.
Chicago Atlantic Real Estate Finance, Inc. is a market-leading commercial mortgage REIT. The company utilizes significant real estate, credit, and cannabis expertise to originate senior secured loans.
This is done primarily for state-licensed cannabis operators in limited-license states in the United States. In some more recent news, the company also reported Q3 2024 earnings in November 2024.
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Third Quarter 2024 Financial Results
- Net interest income of approximately $14.5 million as of September 30, 2024, compared to $13.2 million as of June 30, 2024.
- Interest expense decreased approximately $0.1 million due to lower weighted average borrowings during the comparative period ending June 30, 2024.
- Net Income of approximately $11.2 million, or $0.56 per weighted average diluted common share, representing a sequential increase of 21.7% on a per share basis.
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