Are You Ready To Buy Marijuana Stocks?
If you are looking to find marijuana stocks to buy there are several things to consider. Initially, you want to learn about the cannabis sector. As well if you are not informed about stocks and the market that would be the very first step. Understanding even the basics of how to trade will prepare for various sectors. Especially in a sector like cannabis where most marijuana stocks are incredibly volatile.
Still learning and getting familiar with the different types of sectors in the cannabis industry can be a big help. Once you have got a basic understanding and education on not just cannabis stocks but the stock market in general it’s easier to begin. Now the cannabis industry is still growing and developing every day. With more places around the globe legalizing marijuana plus new and seasoned companies helping to push the industry forward.
The Different Types Of Marijuana Stocks
Now it’s also best to know what type of cannabis companies there are. You have companies called MSO which stands for the multi-state operator. These cannabis companies hold the most risk due to most MSOs dealing directly with the plant. Yet when they begin to rise it often leads to better returns. Next, there are ancillary cannabis stocks which are companies that work in the cannabis industry but not with the plant.
For example, this can be a company that does packaging and labeling for a cannabis company. There are also pure-play cannabis companies that mostly deal with the plant directly. For instance, a company that cultivates or owns a dispensary would be known as a pure-play cannabis company. So if you are searching for publicly traded cannabis companies the marijuana stocks below could be for you.
Marijuana Stocks To Watch 2023
- Innovative Industrial Properties, Inc. (NYSE:IIPR)
- AFC Gamma, Inc. (NASDAQ:AFCG)
- NewLake Capital Partners, Inc. (OTC:NLCP)
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 medical-use cannabis facilities.
In recent news, the company announced the tax treatment of 2022 distributions. The common stock distribution with a record date of December 30, 2022, will be a split-year distribution. $0.33 allocable to 2022 for federal income tax purposes and $1.47 allocable to 2023 for federal income tax purposes.
AFC Gamma, Inc.
AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans. Plus other types of loans and debt securities for established companies operating in the cannabis industry. Particularly in states that have legalized medicinal and/or adult-use cannabis. On December 15th the company announced its fourth-quarter dividend. 
The Board of Directors of AFC Gamma declared a quarterly dividend of $0.56. This is for the quarter ending December 31, 2022, per outstanding share of common stock. Which is payable on January 13, 2023, to the common stockholders of record on December 31, 2022. The December quarterly dividend represents a 12% year-over-year dividend increase.
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NewLake Capital Partners, Inc.
NewLake Capital Partners, Inc. is a leading provider of real estate capital to state-licensed cannabis operators. Founded in 2019, it is a triple-net lease REIT that acquires industrial and retail properties through sale-leaseback transactions, third-party purchases, and build-to-suit projects. 
On January 30th the company announced the tax characteristics of 2022 dividends. Stockholders should receive IRS Form 1099-DIV containing this information from their brokers, transfer agents, or other institutions. These tax statements should be reviewed to ensure that they agree with the information provided below.
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- The cash distributions made on January 13, 2023, with a record date of December 30, 2022, are treated as income and taxable in the calendar year 2022.
- Section 199A dividends are a subset of, and included in, the ordinary dividends amount.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
