NewLake Capital: High-Yield Stability in Cannabis
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
NewLake Capital Partners, a real estate investment trust in the cannabis sector, offers a steady 11.5% dividend yield, backed by a strong balance sheet and a triple net lease setup. Tenants like Curaleaf, Trulieve, and Cresco Labs add strength, but Curaleafs significant rent and recent losses pose a risk. The cannabis markets growth potential and regulatory wins could boost NewLakes leases, making it a stable play in a volatile field.
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