2 High-Octane Cannabis Stocks to Buy in October for Aggressive Investors
Innovative Industrial Properties and Trulieve Cannabis may be turning things around.
Overview
Cannabis stocks always seem to present some level of risk along with their potential reward. Experienced investors, soured by past boom-and-bust cycles for the nascent industry, may have sworn off the industry.
Still, the cannabis sector continues to show growth. Regulated sales are estimated to rise to more than $43 billion by 2030, roughly twice 2025's estimated $29.1 billion.
Details
There are at least two solid cannabis stocks that appear to be turning things around: Innovative Industrial Properties (NYSE: IIPR) and Trulieve Cannabis (NYSE: TRLV). The former is the preeminent real estate investment trust (REIT) serving the industry, and the latter has consistently been one of the most profitable cannabis retailers.
Source
Originally published at www.fool.com.