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Top 2 Cannabis Stocks to Buy for Summer 2021

The marijuana boom amid the coronavirus pandemic has brought a lot of attention to the sector. Cannabis sales have been on the rise ever since marijuana was deemed an “essential item” during pandemic-related lockdowns. This not only benefited U.S. cannabis companies’ revenue and profits, but also was advantageous for companies indirectly linked to the cannabis sector. With more and more states legalizing medicinal and/or adult-use marijuana, hopes are that sales could keep soaring. The U.S. cannabis market could generate $41 billion in annual sales by 2026, according to BDSA.

Here are two cannabis stocks that are exciting buys for summer 2021. One is a pure-play cannabis company (meaning its main business is the production and sale of cannabis and cannabis-related products) that is climbing to be a top contender in the U.S. market. The other is an unconventional cannabis stock that has no direct involvement with cannabis, but is taking advantage of the marijuana boom.

Trulieve Cannabis is a rising star in the U.S. cannabis space

Florida-based Trulieve Cannabis (OTC: TCNNF) is a vertically integrated multi-state operator. Vertical integration allows the company control over its supply chain, and this has helped it grow tremendously even amid a global crisis.

The company already dominates the medical cannabis market in its home state, operating 78 dispensaries there. Florida only allows medical cannabis, and the company holds 50% of the market share in that state. But after its recent acquisition of Arizona-based Harvest Health & Recreation, the company has plans to expand, and its recent first-quarter results ended March 31 are proof of that.

Revenue grew 102% year over year to $194 million, and adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) came in at $91 million, up 87% from the year-ago period. The company also recorded a 27% year-over-year jump in net profit to $30 million for the quarter. EBITDA measures the operational performance of a company, while net income is the true earnings of a company after all the deductions are made.

Trulieve acquired Harvest Health in May in a $2.1 billion deal that is expected to be completed in the third quarter, subject to shareholder approval. This acquisition will help Trulieve make an entry into the cannabis market in Arizona, which recently legalized recreational pot. This deal will also add Pennsylvania and Maryland dispensaries to Trulieve’s national footprint. All in all, the company will have access to 126 dispensaries in 11 states and a solid presence across much of the U.S.

In 2021, Trulieve expects the combined company to bring in around $1.2 billion in revenue and $461 million in adjusted EBITDA. These strong businesses have combined their resources, capital, and innovative products, and the resulting company could soon become a cannabis powerhouse.

Innovative Industrial Properties offers an indirect entry to the cannabis sector

Marijuana remains federally illegal in the U.S., which can keep many investors from much exposure to the industry. But there’s one real estate investment trust (REIT) that offers an indirect path into the cannabis market. Marijuana’s illegal status can make it hard for U.S. cannabis companies to obtain financial capital, which restricts them from setting up large production facilities. Innovative Industrial Properties (NYSE: IIPR) is a REIT that acquires properties from medical cannabis companies, then leases them back. The cannabis companies get capital, and Innovative Industrial Properties gets revenue.

In its recent first quarter (ended March 31), Innovative’s total revenue saw an exciting jump of 103% year over year to $43 million, and the company made four new acquisitions (three new properties and a land expansion at an existing property) in that time. Its net income also increased to $26 million from $12 million in the year-ago period, and adjusted funds from operations (AFFO) rose by 117% to $38 million for the quarter. Since Innovative is a REIT, AFFO is an important measure to determine how much cash is available to be paid out as dividends to shareholders, similar to what net earnings measure for a non-REIT.

And that brings me to one more advantage of owning this stock: its dividend, which at a yield of about 2.9% is nearly double the S&P 500 average. As a REIT, the company is legally bound to pay 90% of its income as dividends; its rising AFFO is proof that it does so consistently, which is at least as important as having a high yield. On June 15, the company announced a 32% year-over-year hike to its quarterly dividend, bringing the payout to $1.40 per share. This marks the 11th dividend increase for the company since it went public in 2016.

Volatility in an emerging industry is common, and the fact that it’s not directly involved with marijuana keeps Innovative Industrial Properties insulated from this, making it a good cannabis-related stock to invest in. Once the drug is federally legalized in the U.S. and cannabis companies can obtain capital from other means, Innovative could face some challenges. But for now, as statewide legalization continues ramping up, Innovative is poised to grow.

Here’s The Marijuana Stock You’ve Been Waiting For
A little-known Canadian company just unlocked what some experts think could be the key to profiting off the coming marijuana boom.

And make no mistake – it is coming.

Cannabis legalization is sweeping over North America – 15 states plus Washington, D.C., have all legalized recreational marijuana over the last few years, and full legalization came to Canada in October 2018.

And one under-the-radar Canadian company is poised to explode from this coming marijuana revolution.

Because a game-changing deal just went down between the Ontario government and this powerhouse company…and you need to hear this story today if you have even considered investing in pot stocks.

Story By Sushree Mohanty – NASDAQ


I Switched From Multi-Vitamins To Sea Moss Gummies And This Happened

The body is understood to be made up of 102 minerals, and research has shown that 92 of those minerals are also found in Sea Moss.

Sea Moss Facts:

Sea moss is an edible North Atlantic seaweed. The edible portions come from the dried thallus of a species called Chondrus crispus found on the rocky Atlantic coasts of the British Isles, the EU, and North America

Growing up in our home we ate Flintstones vitamins. As hard as the company tried even to a kid they never tasted like their intended flavors. But, we were taught that they were good for us.

As I became an adult, multi-vitamins were bought and taken as often as I could remember to do so. I recall learning one day that supplements have no benefit for the general population. As I researched this information I decided that ingesting the foods that naturally contained these vitamins was the better option.

Last year, while at a spice shop here in Las Vegas a gentleman sparked conversation and asked if I knew what sea moss was and I replied truthfully, no. He looked like I said I didn’t know what milk was, frowned and attempted to explain it’s benefits.

This did not intrigue me. In fact I kindly ended the conversation. The one thing that makes a person not want to learn about what you are teaching is when you do it in an insulting manner.

Fast forward to more recently, I was given a sample pack from a MLM (multi-level marketing) health brand and it contained a pouch of sea moss. The gel texture and new flavor wasn’t bad at all. I just didn’t want to join the company.

The woman who had given me the sample pack was informative of the health products she sold, but kept insisting I join her program so that I could earn cash. I knew it wasn’t a business venture I desired so I said no from the start.

Luckily my human involved interactions with sea moss didn’t deter me from wanting to take it.

I checked with one of my favorite social media influencers to see if she had any available to purchase since I had seen her post about it before. She was sold out.

So I decided to check out and there I found some sea moss gummies. They are delicious!

My results from taking Sea Moss gummies; better digestion, clear skin and no longer congested. I noticed these changes within a few weeks!

If you are thinking about giving this superfood a try, I would highly recommend it!

Thanks For Reading!

Kadesh C. Menes

Finding Light When The World Seems Dim

Finding something good over the last few weeks has been a challenge for many. But, as with everything, it’s all how you look at it. Have things gotten completely better? Unfortunately not, and it may take some time to return to anything close to normal. If you are home schooling unexpectedly use this time to bond with your children. If you are home alone, make a list of your favorite things to do and take advantage of this time. Learn something new about who you are.

Here At We Are Keeping Hope & Faith Alive During The Covid 19 Pandemic.

Rebecca Jones

Marketing & Managing Your Business During The COVID-19 Coronavirus Pandemic

Article Originally Posted 3/16/2020 On /

Specific public places are closing for the next two weeks or longer, and we are being asked to not gather in even small groups. Though these unexpected circumstances are causing much worry among entrepreneurs, we urge you to continue marketing your business.

Why? Because this may last a few weeks, possibly a couple of months, but if you take the right measures you will come out on top once it’s all over.

Use This Time To:

• Create Content (social media posts, emails, and videos)

• Develop An Emergency Business Action Plan

• Review Your Finances

• Clean Your Work Space

• Plan A “Bounce Back” Strategy That Will Bring In Clients When Things Return To Normal

• Review What Has And Hasn’t Been Working For Your Company

• Look At The Industries That Have Been Most Impacted. – If You Are In One Of Them, How Will You Be Prepared If This, Or Something Similar, Happens Again?

This financial message is brought to you by Oasis Art Design