Although the past few months for marijuana stocks have not been completely favorable for investors. It looks like things are beginning to look up in the cannabis industry. With some slight geopolitical tensions posing a threat to growth, marijuana stocks have all but managed to avoid the issues at hand. Currently, we have seen many of the most popular pot stocks to watch, actually pull in some decent gains. This is characterized by a usual uptick in pricing around this time. However, it does look like the market is beginning to stabilize as we head into the new year.
One of the things to look out for is the ancillary marijuana stocks. These companies may not have the most visibility, but that should not limit their potential. Additionally, as we enter the future of the cannabis industry, it seems as though many of the smaller companies are finding their niches amidst the larger niches. All in all, investors should have no prejudice toward a company based on its size.
Will This Marijuana Stock Take Over The Edible Market?
1933 Industries Inc. (TGIFF Stock Report) (TGIF) is an interesting vertically integrated cannabis company. The company has continuously illustrated its potential for producing high-end consumer packaged goods. With this, it has stated that it has operations in both the U.S. and Canada. Operating through two subsidiary companies, 1933 Industries has been able to strategically climb to the top of the edibles market. With its subsidiaries, the company is able to participate in many different aspects of the market. This includes cultivation, extraction, processing and the manufacturing of assets. With such a broad scope, it remains a key pot stock to watch moving into the near future.
The company recently announced its foray into the premium infused edibles market. It did so with an execution of a two-year licensing agreement between its subsidiary, Alternative Medicine Association, and the LA-based brand, The Pantry Company. The goal of this deal is to produce high-end edible products for sale in the Nevada market. With this, 1933 Industries is able to capture yet another aspect of its verticality moving into the next few years.
Is This Alternative Marijuana Stock Worth The Watch?
Innovative Industrial Properties (IIPR Stock Report) is considered to be one of the more popular alternative marijuana stocks to watch. The company operates as a REIT which means that it buys and then leases out facilities to those who wish to grow cannabis. With a hefty dividend and a commitment to bringing returns to its shareholders, IIPR has not disappointed. The company has seen a fall from its high above $120 a few months ago, but it does look like the price has stabilized to some extent.
Investors should watch this company as it has been one of the only businesses to see any kind of forward progression when many others were dropping. Its business model also allows for more predictability as the majority of its contracts are in the ten years and above range. For this reason, it remains a key pot stock to watch moving forward.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and 1933 Industries Inc. (TGIFF) (TGIF), Midam is being paid $25,000 a month for coverage on 1933 Industries Inc. (TGIFF) (TGIF), for a period from August 1, 2019 to February 1, 2020. As of September 1, 2019, we have been paid $75,000. We may buy or sell additional shares of 1933 Industries Inc. (TGIFF) (TGIF) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about 1933 Industries Inc. (TGIFF) (TGIF).