And something that makes it hard to ignore this marijuana stock that pays dividends. ThatвЂ™s a level of stability thatвЂ™s hard to look past. For more than 50 years, Altria has increased its annual dividend. But the real reason this marijuana dividend stock is so appealing is because itвЂ™s a dividend king. And itвЂ™s in a position to benefit handsomely. The maker of Marlboro cigarettes has a lot of exposure to the marijuana industry. And more recently, itвЂ™s been successfully throwing around its weight to lobby for marijuana legalization. It owns a huge stake in a multinational marijuana company. But itвЂ™s quickly becoming one of the most influential cannabis companies, too. From One Vice to the NextДЄltria is best known as one of the worldвЂ™s largest producers of tobacco. But those looking for stability need look no further than the performance of these marijuana stocks that pay dividends. (NYSE: CODI)ДЄ quick glance at the list above and you probably already know these arenвЂ™t the pot stocks capturing the imagination of young investors. Innovative Industrial PropertiesВ (NYSE: IIPR).And a 50-50 shot isnвЂ™t good enough odds for many of those playing with their nest egg. So investing in relatively new marijuana companies is akin to hitting the craps table. The failure rate more than doubles when you stretch the timeline to 10 years.Д«y some estimates, the failure rate is even higher in the marijuana space. According to the Small Business Association, 30% of new businesses fail during the first two years of opening. And meanwhile, a lot of fledgling marijuana companies will fail. ItвЂ™s going to make some people very rich. ItвЂ™s safe to say that a lot of money is going to change hands in the name of marijuana. That impact is expected to more than triple in the next few years. According to the Marijuana Business Factbook, in 2019, cannabis had an estimated $40 billion impact in the U.S. And that impact is expected only to grow. For starters, cannabis has had a major economic impact. Nonetheless, there is some certainty in the cannabis industry. While thatвЂ™s not unexpected in a growth industry, whipsawing price swings have scared away a lot of the вЂњsmart money.вЂќ The uncertainty and lack of stability have produced more questions than answers for some investors. The existence of pure-play pot stocks has been brief and erratic. And since dividends typically represent a distribution of corporate profits to shareholders, dividend payers are few and far between.Д«ut thatвЂ™s not to say they arenвЂ™t out there. On top of that, many companies in the marijuana business arenвЂ™t turning a profit yet. There arenвЂ™t many marijuana stocks that pay dividends.

Micro cap stocks with dividends