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This Cannabis REIT Offers 13%+ Yield, Safer Returns Than Fed-Backed Bonds
Monday, December 9, 2024 - 5:15pm | 943Chicago Atlantic REFI (NASDAQ:REFI) stands out in the cannabis finance sector, receiving an “Overweight” rating from senior analyst Pablo Zuanic at Zuanic & Associates. With a near 14% dividend yield, REFI offers an attractive, less volatile way to gain exposure to the cannabis...
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Canadian Cannabis REIT Nova Plans Liquidation, Offers Unit Holders Premium Payout After $3.71M Sale
Monday, November 18, 2024 - 12:04pm | 568Toronto-based cannabis-focused real estate investment trust Nova Net Lease REIT (CSE:NNL) (OTCQB:NNLRF) announced Friday that it has entered into a unit purchase agreement with Bluebird Real Estate Holdings, LLC, an affiliate of DRN Holdings LLC. Details Under the deal, Bluebird agreed to acquire...
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Cannabis REIT NewLake: 9.3% YoY Q3 Revenue Growth Despite Tenant Challenges, CEO Optimistic
Thursday, November 14, 2024 - 10:28am | 491NewLake Capital Partners, Inc. (OCTQX: NLCP) announced its financial results Wednesday for the third quarter ended Sept. 30, 2024. The Connecticut-based company said third-quarter revenue totaled $12.6 million, representing an increase of 9.3% year-over-year. Anthony Coniglio, NewLake's president...
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Cannabis-Focused Commercial Mortgage REIT Exceeds $100M In New Originations With $41M Credit Facility For Maryland Marijuana Operator
Monday, October 7, 2024 - 2:14pm | 487AFC Gamma, Inc. (NASDAQ:AFCG) announced on Monday that it has committed and funded $41 million to a senior secured credit facility a vertically integrated cannabis operator in Maryland. The Florida-based company's move represents its second transaction with Story of Maryland, LLC. Daniel Neville,...
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New Laws Could Unleash $1.7B Demand For Cannabis Loans, This Real Estate Stock Is Set To Capitalize
Thursday, September 12, 2024 - 10:09am | 923Advanced Flower Capital Group (NASDAQ:AFCG), a NASDAQ-listed commercial mortgage REIT, has positioned itself as one of the leading lenders in the cannabis sector. As one of two major externally managed REITs focusing on the U.S. cannabis industry, AFCG benefits from a capital supply-demand...
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Cannabis REIT Chicago Atlantic Nets $9.2M In Strong Q2, Citing Regulatory Tailwinds
Wednesday, August 7, 2024 - 12:58pm | 688Chicago Atlantic Real Estate Finance Inc. (NASDAQ:REFI), a cannabis-focused commercial real estate finance company, announced Wednesday its financial results for the second quarter ending June 30, 2024. Q2 2024 Financial Highlights Net interest income held steady at approximately $13.2 million,...
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This Cannabis Lender Is Sitting On A Stack Of Capital: 100% Dividends Meet Equity-Like Returns
Saturday, July 20, 2024 - 12:47pm | 823In a recent webinar hosted by Pablo Zuanic from Zuanic & Associates, AFC Gamma's top executives discussed the company's strategic direction, focusing on the spin-off of its commercial real estate business, the current state of its cannabis loan book, and its competitive positioning in...
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Chicago Atlantic Real Estate Finance's Stock Valuation & Dividend Yield Are Leaving Competitors Behind
Friday, July 5, 2024 - 9:49am | 1107Chicago Atlantic Real Estate Finance (NASDAQ: REFI) stands out in the cannabis capital providers and mortgage REIT (mREIT) sectors due to its premium valuation, impressive dividend yield, and robust growth track record. Pablo Zuanic, a senior equity analyst, noted in a recent report, "Of the...
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Cannabis Property Funds Control Over $4.5B: Are Investors Missing Out On High Dividend Stocks?
Friday, June 14, 2024 - 4:10pm | 819With increasing state-level legalizations, real estate investment trusts (REITs) such as Innovative Industrial Properties, Inc. (NYSE: IIPR) NewLake Capital Partners, Inc. (OTCQX: NLCP) and Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) are funds that provide capital,...
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Cannabis REIT NewLake's Q1 2024 Revenue Grows 10.4% Hitting $12.6M, CEO Is Optimistic About Possible Marijuana Rescheduling
Thursday, May 9, 2024 - 1:25pm | 683Cannabis REIT NewLake Capital Partners Inc. (OCTQX: NLCP) announced its financial results Thursday for the first quarter of the year ended March 31, 2024. With a primary focus on providing real estate capital to state-licensed cannabis operators, the company’s performance underscores its...
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Mortgage And Property Finance Giant's $354M Portfolio: Growth Amid Cannabis Sector Volatility
Friday, April 12, 2024 - 10:00am | 833In a recent equity research report by Zuanic & Associates, Chicago Atlantic Real Estate Finance (NASDAQ: REFI) showcases resilience and growth within the volatile cannabis sector. Pablo Zuanic, senior analyst, highlights REFI's premium trading status over mortgage REITs, underpinned by its...
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This Dividend-Paying Cannabis Stock Had Higher 1-Year Return Than Tesla, Citigroup, Apple And Zillow
Thursday, April 11, 2024 - 12:45pm | 868If you added cannabis-focused real estate investment trust – Innovative Industrial Properties (NYSE:IIPR) about a year ago, you’d be enjoying solid returns. IIP is the first publicly traded company on the New York Stock Exchange to provide real estate capital to the regulated cannabis...
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Cannabis REIT Chicago Atlantic's Net Income Grows 20% YoY In 2023
Tuesday, March 12, 2024 - 8:55am | 859Cannabis-focused commercial real estate finance company Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) announced its results on Tuesday for the fourth quarter and year ended December 31, 2023. Distinguished in the cannabis market as one of the few major publicly traded capital providers,...
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Cannabis REIT NewLake: YoY Increase In Q4 & FY 2023 Revenue Amid 'Challenging Environment,' CEO Says
Monday, March 11, 2024 - 10:09am | 507Cannabis REIT NewLake Capital Partners, Inc. (OCTQX: NLCP) announced its financial results on Monday for the fourth quarter and full year ended Dec. 31, 2023. The Connecticut-based company reported a 6.4% year-over-year increase in revenue to $13 million in the fourth quarter. Full-year revenue...
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Cannabis REIT Innovative Industrial's 2023 Revenue Hits $309.5M, Up 12% From 2022
Tuesday, February 27, 2024 - 12:25pm | 488Cannabis REIT Innovative Industrial Properties, Inc. (NYSE:IIPR) announced its financial results for the fourth quarter and year ended December 31, 2023, reporting a 12 % year-over-year increase in total revenue to $79.2 million and $309.5 million, respectively. The San Diego company attributed the...