Better Marijuana Stock: MedMen vs. Innovative Industrial Properties
With legal cannabis markets opening in states across the U.S., you might think that the stocks of companies serving these markets would be sizzling hot right now. Some are, but others aren't.
Innovative Industrial Properties (NYSE: IIPR) is definitely in the sizzling category. It ranked among the top five marijuana stocks in the first half of the year. Despite giving up some of its gains in recent weeks, Innovative Industrial Properties is still up by nearly 130% so far in 2019. MedMen Enterprises (OTC: MMNFF), on the other hand, is squarely in the not-so-hot group. Its shares have dropped more than 30% year to date.
Should investors go with the momentum of Innovative Industrial Properties or pick MedMen as a rebound candidate? Here's what you need to know about these two U.S.-based marijuana stocks.
Source Fool.com
