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., Sept. 18, 2023 (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 its board of directors has declared a third quarter 2023 cash dividend of $0.39 per share of common stock.

NewLake Capital Partners Maintains Third Quarter 2023 Common Stock Dividend of $0.39 per Share

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Alan Brochstein And Julian Lin discuss the importance of navigating timelines and federal legalization headlines in cannabis investing. Preferring REITs and Canadian LPs over US operators due to factors such as debt concerns and valuation.

Unlocking Cannabis: Legalization Timelines, Debt Risk + Unique Value Plays With Alan Brochstein And Julian Lin

NewLake Capital Partners is a cannabis REIT with a portfolio of dispensaries and cultivation facilities in limited-license states. The company's lack of tenant diversification poses a risk, but management is working with delinquent tenant Revolutionary Clinics to resolve payment issues. The stock offers an 11% dividend yield and the potential for significant upside with three major catalysts.

NewLake Capital Partners: Potential Catalysts Outweigh The Tenant Delinquency

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The cannabis sector in the United States is booming as the third quarter of 2023 draws to a close. Investors increasingly turn to top Cannabis Real Estate Investment Trusts (REITs) as a stable avenue for capitalizing on this growth. In general, these REITs focus on owning and managing properties leased to cannabis businesses, making them attractive to long-term investors. With the cannabis industry's expansion and growing acceptance, these REITs offer dependable dividends and a smart choice for those looking to profit from its upward trend.

Top Cannabis REITs: September 2023's Standout Performers

Innovative Industrial Properties has raised its dividend by 1,100% since it began paying one. NewLake Capital Partners' dividend yield is around 10.8%.

3 Top Pot Stocks to Watch in September

Are you looking for the best marijuana stocks to invest in for the long term? Overall, the cannabis sector has emerged as a significant force in recent years, increasing possibilities and financial opportunities. In general, Cannabis Real Estate Investment Trusts, or Cannabis REITs, are an innovative financial vehicle that has captured the attention of investors and intrigued the interest of Wall Street and Main Street alike.

Cannabis REIT Spotlight: Top Picks for September 2023 Investment

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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 perks, such as very high dividends compared to other stocks.

The 3 Most Undervalued REITs to Buy Now: August 2023

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NewLake Capital Partners delivers a dividend with a yield of around 12%. Green Thumb Industries just had its second consecutive profitable quarter.

3 Explosive Pot Stocks to Buy in 2023 and Beyond

As August 2023 continues, cannabis investors are looking to Cannabis Real Estate Investment Trusts (REITs) as a new path for growth. Notably, dividend-paying marijuana stock companies are still limited, making the rise of cannabis-focused REITs all the more intriguing. These REITs provide a unique opportunity by capitalizing on the cannabis industry's rise while paying out uncommon dividends in this volatile sector.

Top Cannabis REITs to Watch in August 2023: Navigating Dividends and Long-Term Prospects

NLCP stock has dropped 28% since February 2023 due to increased risk perception and tenant delinquency. Encouraging signs include share repurchases and discussions of exchange listing, leading to an undervalued stock with an 11.7% dividend yield. Based on my updated intrinsic and relative valuations, I find NLCP to be undervalued by about 20%. Hence, I am upgrading my prior “Hold” guidance to a “Buy”.

NewLake Capital Partners: Updating To 'Buy'

Cannabis may be one of the most controversial topics on the market. But it could also prove to be among the most profitable.

3 Cannabis Stocks You'll Regret Not Buying Soon

NewLake Capital Partners remains a long-term investment opportunity in the growing pot stocks market. Legislation progress and state actions are positive indicators for the cannabis industry. NLCP's 2Q23 results show signs of stabilization and progress in resolving internal issues, making it an undervalued buy.

NewLake Capital Partners: Stay The Course

Newlake Capital Partners, Inc. (OTCQX:NLCP) Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants Valter Pinto - Managing Director, KCSA Strategic Communications Anthony Coniglio - President, CEO & Director Jarrett Annenberg - SVP & Head, Investments Lisa Meyer - CFO, Treasurer & Secretary Conference Call Participants Pablo Zuanic - Zuanic & Associates Operator Good morning. I'll be your conference operator today.

Newlake Capital Partners, Inc. (NLCP) Q2 2023 Earnings Call Transcript

Second Quarter 2023 Revenue Totaled $11.4 Million, an Increase of 8.2% Year-Over-Year

NewLake Capital Partners Reports Second Quarter 2023 Financial Results

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Most REIT investors prioritize high dividends, while I focus on growth and healthy companies. This article identifies 17 REITs expected to have double-digit FFO per share growth this year or next, and to grow FFO at a 2-year CAGR of 7.5% or better. This article then evaluates the balance sheet strength of those 17, to winnow the list down to 12.

12 Sturdy REITs Expected To Grow Revenues By Double Digits

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Marijuana stock investors are looking for the next best investment. But when will that come is the question they are left with. For some time the trading average of the cannabis sector has dropped drastically. Even with days of better trading, the consistency in which the sector stays up is not there. Meaning that when recovery is happening for marijuana stock it is so short of a window that it becomes tough to see any upside.

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The cannabis industry and top marijuana stocks have undergone a remarkable transition in recent years, transitioning from a taboo subject to a lucrative and quickly increasing market. As of 2023, the legalization movement is gaining traction in various regions, propelling cannabis-related enterprises to unprecedented heights. In general, Cannabis Real Estate Investment Trusts (REITs) are among this sector's most appealing investment opportunities, providing a unique avenue for investors to gain on the industry's growth.

Cannabis REITs: Top Dividend Performers to Watch in 2023

NEW CANAAN, Conn., July 26, 2023 (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 it plans to host a conference call and report its financial results for the second quarter ended June 30, 2023 on Thursday, August 10, 2023. Additional details are available under the Investor Relations section of the Company's website: https://ir.newlake.com/.

NewLake Capital Partners to Host Second Quarter 2023 Earnings Call on August 10th at 11:00 a.m. ET

NewLake is currently paying out a 10.9% annualized forward dividend yield to shareholders. Three companies account for 44.6% of NewLake's portfolio with the public component of the portfolio all witnessing material stock price declines. Dividend growth has now stalled with AFFO trending down on a quarter-over-quarter basis.

NewLake Capital Partners: Unstable Cannabis Tenants, A Dividend Cut Is Possible

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Peter Lynch believes individual investors have an advantage over Wall Street and large money managers. It is due to their flexibility and lack of bureaucratic rules.

Invest Like a Legend: 3 Stocks Peter Lynch Would Buy in 2023

For those who are interested in marijuana stocks, there are different ways to find value. For starters, you have companies that are what are known as pure-play marijuana stocks. Most of the cannabis companies are ones that deal with play directly. For instance as cultivators and producers of cannabis. Most of these types of marijuana stocks hold the most risk due to rules and regulations. However, when there is a rise in trading they often show to be the ones that have stronger returns. Now this is not always the case. But cultivators and producers controlling the primary stages of the cannabis supply chain, allow them to benefit from increasing demand.

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Innovative Industrial Properties and NewLake Capital cater to the cannabis industry. National Health Investors is a real estate investment trust that focuses on senior housing.

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I suspect my home state will be the last state legalizing pot. So the closest I can get to this polarizing sector is cannabis REITs. In this article, I break down the 5 cannabis REITs.

Cannabis REITs Have Gone To Pot

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A REIT that yields 10% or higher almost always means that investors perceive very low growth, or even worse, a potential dividend cut.

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REIT dividend yields have expanded over the past year. Some companies now yield over 10%. We highlight two of our favorite high yielders.

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