During gold rushes of the past, the vendors selling picks and shovels often made more money than the gold miners did themselves. It's a similar story with the cannabis industry. Companies that provide critical products and services to cannabis operators can sometimes generate higher profits than pure-play cannabis companies. In this Fool Live video, Healthcare and Cannabis Bureau Chief Corinne Cardina and longtime Motley Fool contributor Keith Speights discuss a fantastic pick-and-shovel marijuana stock to buy right now: Innovative Industrial Properties (IIPR 0.85%).
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 – 11 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.
Simply click here to get the full story now.