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Sunday, March 06, 2016 7:58:50 AM
However, there is absolutely no reason they would be any better for the cannabis industry than any other investment. If a cannabis company puts any money into investments, it removes cash from the books. REITs must pay out 90% of their taxable income each year in dividends. Since REITs pay out such high cash dividends, they would be a worse investment for someone looking to keep cash "off the books".
Bottom line, if cannabis is going to invest in REITs, it's for no other reason than they think they are a good investment. As do I.
“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken
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