NLCP / NewLake Capital: A Fat Yield From An Industry That's Suffering

NewLake Capital Partners is a net lease real estate investment trust focused on cannabis cultivation properties. NLCP pays an attractive 12% dividend more_horizontal

NewLake Capital Partners is a cannabis REIT with a portfolio of dispensaries and cultivation facilities in limited-license states. The company's lack more_horizontal

REITs are a great way to get exposure to the real estate market without investing directly in real estate properties. And they also offer some unique more_horizontal

NewLake Capital Partners remains a long-term investment opportunity in the growing pot stocks market. Legislation progress and state actions are posit more_horizontal

NewLake is currently paying out a 10.9% annualized forward dividend yield to shareholders. Three companies account for 44.6% of NewLake's portfolio wi more_horizontal

NLCP is a cannabis REIT which operates mission-critical infrastructure. Despite one of its largest tenants not paying rent, the dividend remains cover more_horizontal

NewLake Capital is a REIT providing real estate capital to state-licensed cannabis operators in the US. NLCP's financials show a strong balance sheet, more_horizontal

NewLake Capital Partners, Inc. (OTCQX:NLCP) Q1 2023 Earnings Conference Call May 10, 2023 11:00 AM ET Company Participants Valter Pinto - Managing Dir more_horizontal