Are you looking to profit from a new, exciting industry? Want to make some "green" cannabis money? Like the idea of collecting safe, growing dividends for years to come? Then you have to check out today's video.

The cannabis industry is building up as legalization in the US becomes more widespread. While laws vary from state to state, we're clearly on a path to full federal legalization at some point in the near future.

And that path is lined with green money. I've heard from time to time that dividend growth stocks are yesterday's news. That any company paying growing dividends is mature and focused on old industries. Well, that's just not true.

Many high-quality dividend growth stocks are focused on supplying tomorrow's demand. Otherwise, they wouldn't be able to pay those growing dividends. I can point to Fintech, AI, and 5G as examples of where you can invest and collect safe, growing dividends.

And the cannabis stocks industry is yet another example.

There are a number of high-quality dividend growth stocks that are directly exposed to cannabis. While things are a little bumpy right now, the long-term future looks very bright and profitable. That means lots of money to be made. And lots of big, safe, growing dividends to collect.

Today, I want to tell you about three high-quality dividend growth stocks, possibly the best stocks to buy now set to benefit and profit from cannabis.

Better yet, each of these three dividend stocks offer a unique one-two punch. They already have great business models. And they've combined those business models with cannabis to supercharge future growth.

The first stock I want to tell you about is Altria Group Inc. - stock ticker MO.

That's because Altria owns 45% of Cronos Group Inc., a Canadian-based cannabis company. Tobacco and cannabis. Seems like a marriage made in heaven.

Altria has been great long-term investment in cannabis. And of the success of its Cronos ownership stake, it'll almost certainly to be a great long-term investment. It's just that the cannabis exposure is like a cherry on top of a beautiful sundae.

On top of that yield is growth, as Altria's five-year dividend growth rate is 9.7%. And even though the stock is up 20% YTD, the P/CF ratio of 10.9 is well below its three-year average of 13.9. If you want a high-quality dividend growth stock with a big, growing dividend that could become even bigger and growthier through its cannabis exposure, Altria should definitely be on your list.

Second up, let's discuss Constellation Brands, Inc. - stock ticker STZ.

They don't do only beer, though. They also have wine and spirits. More importantly and more to the point of today's video, they also have cannabis exposure. That's due to their near-39% ownership stake in Canopy Growth - another Canadian cannabis company.

Last but not least, I want to tell you about Innovative Industrial Properties Inc. - stock ticker IIPR.

Real estate has long been a way to make a lot of money. Cannabis has long been a, well, less legal way to make money. This company combines those two industries into one business model.

Meanwhile, because of its status as a REIT, large, growing dividends are par for the course. They've wasted no time on this front. The company has increased its dividend for five consecutive years already, and they could be just getting started.

This thing is up more than 150% over the last year. I get it. It's tough to buy a stock after it's already gone on a huge run. And with a P/CF ratio of 32.6, it's not an obvious bargain. But again, this business could be just getting started. Getting that one-two punch of cannabis and real estate through IIPR is a very, very compelling way to play this new industry.

Video Length: 00:08:00