NewLake Capital Partners, Inc.

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NewLake Capital Partners, Inc. provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases and funding for build-to-suit projects. The company was founded on April 9, 2019 and is headquartered New Canaan, CT.

NEW CANAAN, Conn., Dec. 12, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced the appointment of Dina Rollman to its Board of Directors (the “Board”), effective immediately, and announced its fourth quarter dividend.

NewLake Capital Partners Appoints Dina Rollman to Board of Directors and Declares Fourth Quarter 2024 Dividend of $0.43 per Share

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Cannabis stock investors face another complex year ahead. The reason for this is the politics surrounding cannabis reform. For as long as pot stocks have been publicly traded, the pros and cons of reform have always impacted trading. With how far the industry has come, speculation on what will take place in 2025 has amped up. The global cannabis market has consistently generated billions of dollars.

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NewLake Capital Partners (NLCP) is a promising cannabis-focused REIT with strong financials, high dividend yields and no debt. Comps show that NLCP stands out in profitability and dividends too. NLCP and IIPR are also sole players in a highly competitive specialty of leaseback-based REITs (instead of mortgage-based REITs), allowing both to coexist. NLCP's diverse portfolio and more optimal sale-leaseback model positions it well for future growth through growth drivers, especially as cannabis legalization increases and operators seek M&A.

NewLake Capital Partners: Hold Out For This Cannabis-Driven REIT With Immense Potential

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The US cannabis industry continues to expand rapidly, presenting unique opportunities for investors in ancillary cannabis stocks. Analysts project the market could reach $100 billion in value by 2030 as legalization spreads across states. Ancillary companies like WM Technology, Hydrofarm, and NewLake Capital Partners provide essential services that support this growth. These businesses benefit from the demand for advertising platforms, cultivation equipment, and real estate solutions. Moreover, they offer an indirect way to invest in cannabis while avoiding risks tied to plant-touching operations. As the industry matures, ancillary stocks remain critical for long-term success.

Top Picks: Ancillary Cannabis Stocks Gaining Momentum in the Past Month

NewLake Capital Partners offers a 9.1% yield, trades at a discounted forward P/FFO ratio of 9.5x, and presents an attractive buy for income-focused investors. NLCP's robust portfolio in limited-license jurisdictions, strong tenant relationships, and long lease terms support stable, long-term rental income and consistent growth. With minimal debt and a solid financial position, NLCP is well-positioned for potential market-beating total returns amid a promising cannabis market outlook.

NewLake Capital Partners: Harvest This Undervalued 9% Yield

NewLake Capital Partners has continued to execute well despite operating in a relatively challenging cannabis REIT market, with most of its tenants still current with rental payments. If anything, the REIT continues to generate rich AFFO while paying out rich AFFO payout ratio, with Seeking Alpha Quant rating the safety of its dividends as A+. NLCP's overly discounted valuations and cheap stock prices have also triggered a richer forward dividend yields along with double-digit capital appreciation prospects.

NewLake Capital's Inherent Undervaluation Offers Opportunistic Investors With Rich Returns

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Donald Trump's proposed policies could impact inflation and interest rates. They could also impact individual property sectors. We explain the impact on residential, industrial, cell tower, healthcare, and the cannabis property sectors.

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NEW CANAAN, Conn., Nov. 26, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that Anthony Coniglio, President and CEO, will present at the 13th Annual MJ Biz Conference to be held December 3-6, 2024 at the Las Vegas Convention Center in Las Vegas, NV.

NewLake Capital Partners to Participate in Panel Discussion at the 13th Annual MJ Biz Conference

Marijuana stock investors are trying to follow market trends amidst the madness in the sector. As most know the cannabis sector has unpredictable trading patterns due to volatility. Over the last several years volatility for most public cannabis companies has only increased. The reason for this is based on several factors most of which have to do with the legal side of the cannabis industry.

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NewLake Capital Partners, Inc. (OTCQX:NLCP) Q3 2024 Earnings Conference Call November 14, 2024 11:00 AM ET Company Participants Valter Pinto - Managing Director-KCSA Strategic Communications Anthony Coniglio - President and Chief Executive Officer Jarrett Annenberg - Senior Vice President and Head-Investments Lisa Meyer - Chief Financial Officer Conference Call Participants Pablo Zuanic - Zuanic & Associates Operator Ladies and gentlemen, good morning, and welcome to the NewLake Capital Partners Third Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

NewLake Capital Partners, Inc. (NLCP) Q3 2024 Earnings Call Transcript

As the cannabis market experiences a pullback, interest is growing in cannabis-focused REITs, which offer a unique approach to investing in this evolving industry. REITs are known for providing steady dividends, making them attractive for income-seeking investors during market downturns. The US cannabis market is projected to reach $41 billion by 2025, highlighting its long-term potential. This industry growth and ongoing legalization efforts bring attention to cannabis REITs as indirect investments. Recently, legalization headlines have fueled volatility, making risk management and technical analysis essential for investors aiming to time their entries and exits wisely.

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Third Quarter 2024 Revenue Totaled $12.6 Million, an Increase of 9.3% Year-Over-Year

NewLake Capital Partners Reports Third Quarter 2024 Financial Results

NewLake Capital Partners offers an attractive 8.8% dividend yield, significantly above the sector average, highlighting its commitment to shareholder returns and making it an appealing choice for income-focused investors. Operating through long-term, triple-net leases, NLCP has a targeted approach in cannabis-related real estate, providing a steady cash flow while minimizing operational risks, thanks to a fully leased portfolio. With the cannabis industry projected to grow at a 10.5% CAGR through 2027, the Company is well-positioned to benefit from the increasing demand for real estate capital as more states expand their markets.

NewLake Capital Partners: High Dividend Yield And Growth Potential

NewLake Capital Partners, a cannabis-focused REIT, is a strong buy for long-term investors due to their solid fundamentals, cannabis rescheduling, and growth potential. Despite lagging the S&P, NLCP has shown impressive FFO and revenue growth, low leverage, and a growing dividend, making it fundamentally sound. Potential catalysts like the rescheduling of cannabis to Schedule III could significantly boost NLCP's cash flows, liquidity, and share price.

NewLake Capital Partners: 8.6% Dividend Yield, Catalysts, And Upside Potential Make Them A Long-Term Buy

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The cannabis industry in the US is on the rise, with legalization efforts moving forward and supporting sector growth. This week, top cannabis REIT stocks, such as Innovative Industrial Properties, AFC Gamma, and NewLake Capital Partners, are in focus as they offer financial support through real estate. Current policies on state ballots could further influence the cannabis market, as several states are voting on legalization measures. These outcomes could impact cannabis stocks significantly, offering opportunities for growth if more states legalize cannabis use. The industry's revenue could reach $50 billion by 2025, making it an attractive sector for investors.

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NewLake Capital Partners offers an attractive 8.8% yield, a reasonable valuation, and it can benefit from lower interest rates, making it a compelling growth stock in the cannabis REIT sector. NLCP's business model involves long-term triple-net leases with cannabis companies, reducing risk and allowing it to charge premiums for rent due to limited financing alternatives. Tenant concentration is a risk to monitor. However, the company's largest tenant is cash-flow positive, easing some of the risks involved.

NewLake Capital Partners: 8.8% Yield And Growth Potential? It's A Must-Watch

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The cannabis industry in the US continues to experience rapid growth, with an estimated market size of $32 billion in 2024. This expansion is fueled by increasing state-level legalization and a growing consumer base. Cannabis REITs are emerging as key players, providing real estate and capital to cannabis operators. These REITs offer attractive dividend yields, often exceeding 7%, making them appealing to income-focused investors. Recently, headlines about potential federal legalization have sparked renewed interest in the sector. Investors are keen on capturing both short-term gains and long-term growth opportunities.

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The US cannabis industry is growing rapidly, with sales projected to reach $46 billion by 2025. This growth opens opportunities for ancillary marijuana stocks, especially real estate investment trusts (REITs) that support cannabis companies. Cannabis REITs, like Innovative Industrial Properties (IIPR), offer high dividend yields, making them attractive to income-focused investors. News about potential federal legalization has recently stirred the market, with bipartisan efforts gaining momentum. As more states continue to legalize cannabis, ancillary stocks are positioned to benefit from increased demand for properties, lending, and services.

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NewLake Capital Partners is a specialized REIT with excellent margins and a safe and very high dividend yield. The company holds second place in an industry positioned for massive growth, with incoming catalysts such as looser regulations and an expanding customer base. The company offers investors a great mix of income and growth, making it a good choice for those looking to cash in on the growing legal cannabis market.

NewLake Capital Partners: I'm Still Buying This Strong Growth And High-Dividend Stock

NewLake Capital Partners (NLCP) offers exposure to the growing cannabis industry with an 8%+ annual return, despite the legal gray area. The company has a strong balance sheet with minimal debt and trades at a discount to market average price/book ratio. Key risks include cannabis legal status, tenant concentration, and challenges in acquiring new properties economically.

The Time Seems Right For NewLake Capital Partners

NewLake Capital Partners has been a significant winner for me, with a 54% gain, but I now rate it as a HOLD. The cannabis industry is growing, and favorable legislation could benefit NewLake, but the SAFER Banking Act poses a long-term threat. NewLake's strong financial position, no debt, and high dividends are attractive, but its valuation is no longer cheap.

NewLake Capital: Still A HOLD (A Balanced Overview Of Pros And Cons)

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News for NewLake Capital Partners, Inc. Stock (NLCP)