Weed Exposure? GRWG and IIPR is All You Need to Know
I'm certainly not the first person to talk about GRWG on this site but I do want to echo the fact that GRWG is one of the most promising - although an auxiliary player - in the weed industry. GrowGeneration focuses on hydroponic retail stores, including selling supplies/materials and assisting clients in growing weed and amongst other things.
Whats key here, is that GRWG unlike 95% of the entire weed sector, has posted record revenue and eps growth quarter by quarter for the last few years. In the near-term we can expect GRWG to reach over 7.50 and beyond, with a year end target of $10-12.
Its nice to see that in an environment where retail stores are struggling GRWG has had nothing but success. It appears the future of retail stores are only to be successful for specialized niches like dollar stores, and in this case, hydroponics.
GRWG does trade on the OTC therefore expect volatility.
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IIPR is also an auxiliary player in that they are "the one and only" REIT for the cannabis sector. Interestingly, it is one of the cannabis stocks that although lost market cap during the weed bear market, it was one of the few that did not get completely destroyed.
One of the reasons I really love IIPR is the fact it has consistently posted record revenue, profit and EPS growth and they have increased their dividends very handsomely.
I view IIPR as one of the stock markets best dividend growth stocks and one of the top REITs to invest in for the coming 5+ years. I have been bullish on IIPR for quite a while, and now that it has clearly broken and re-tested the $86 level, it will have healthy gains.
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IIPR and GRWG = Your top two choices for the weed industry.
- zSplit
Whats key here, is that GRWG unlike 95% of the entire weed sector, has posted record revenue and eps growth quarter by quarter for the last few years. In the near-term we can expect GRWG to reach over 7.50 and beyond, with a year end target of $10-12.
Its nice to see that in an environment where retail stores are struggling GRWG has had nothing but success. It appears the future of retail stores are only to be successful for specialized niches like dollar stores, and in this case, hydroponics.
GRWG does trade on the OTC therefore expect volatility.
--
IIPR is also an auxiliary player in that they are "the one and only" REIT for the cannabis sector. Interestingly, it is one of the cannabis stocks that although lost market cap during the weed bear market, it was one of the few that did not get completely destroyed.
One of the reasons I really love IIPR is the fact it has consistently posted record revenue, profit and EPS growth and they have increased their dividends very handsomely.
I view IIPR as one of the stock markets best dividend growth stocks and one of the top REITs to invest in for the coming 5+ years. I have been bullish on IIPR for quite a while, and now that it has clearly broken and re-tested the $86 level, it will have healthy gains.
--
IIPR and GRWG = Your top two choices for the weed industry.
- zSplit
