High-Yield Cannabis REIT Draws Investor Interest Amid Sector Struggles
Dividend stocks continue to attract income-focused investors, combining regular cash FLOW with potential capital appreciation. One standout offers a staggering ~16% yield, though the depressed share price reflects broader challenges in the cannabis sector.
IIPR stock has tumbled ~28% over the past year as operator liquidity constraints and stalled federal rescheduling efforts weigh on sentiment. Yet recent signals from both the executive branch and Congress suggest potential progress on reclassifying marijuana from Schedule I to Schedule III—a MOVE that could catalyze the industry.
The REIT positions itself as a leading provider of real estate capital for cannabis operators, making it a Leveraged play on regulatory reform. While the elevated yield presents appeal, investors must weigh the sector's volatility against the prospect of structural change.