Want More Green? Buy These 3 Red-Hot Cannabis Stocks Today.

Industry Overview - Cannabis stocks are becoming increasingly profitable, with Canopy Growth (CGC) rising from $2.75 to $11.57 recently, currently at $6 [1] - Public support for cannabis legalization in the U.S. is at 88%, with potential legalization in Florida and Germany's recent legalization possibly influencing Europe [1] Company Analysis: Innovative Industrial Properties (IIPR) - IIPR is currently oversold at $94.23 and has a yield of 7.73% [2] - Recent earnings showed funds from operations (FFO) at $2.07, exceeding expectations, and revenue at $79.2 million, up from $70.5 million year-over-year [3] - The company collected 100% rent in the last quarter, and cannabis rescheduling could enhance cash flow for IIPR tenants [3] Company Analysis: Trulieve Cannabis (TCNNF) - TCNNF is trading at $10.74, with a potential target of $13.75 [5] - If Florida legalizes adult-use cannabis, it could significantly impact Trulieve, with the state's medical marijuana market projected to generate $2 billion annually [5] - Trulieve funded $40 million for the legalization initiative and has increased its retail locations to 192 [5] Company Analysis: Aurora Cannabis (ACB) - ACB has seen a price increase from around $3 to $8.88, currently at $6.46, with potential growth linked to the Florida legalization vote [6] - The company is on track for its strongest fiscal year, with five consecutive quarters of positive adjusted EBITDA and significant international revenue growth [7]