3 Safe Dividend Stocks Making Money From Cannabis

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.

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Disclaimer: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose ...

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Lorimer Wilson 1 week ago Contributor's comment

Readers of your article would also be enlightened by my latest article (updated weekly) on The Conservative Pot Stock Index which discusses and compares the performances of the 8 major tobacco, spirits, pharmaceutical and convenience store companies with those of the marijuana companies they have invested in..