NLCP - NewLake Capital Partners Issues Statement on the Florida Supreme Court's Decision on Amendment 3 the Cannabis Adult-Use Ballot Measure | Benzinga
NEW CANAAN, Conn., April 01, 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, issued the following statement from the Company's CEO Anthony Coniglio on the Florida's Supreme Court's decision to allow Amendment 3 – the adult-use cannabis bill – to proceed to the ballot this November.
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We applaud the Florida Supreme Court's ruling on the proposed constitutional amendment ballot language regarding adult-use cannabis. This important decision advances Amendment 3, the adult-use cannabis bill, to the November ballot—a measure supported by over 75% of Floridians. Approval of the ballot initiative in November, would allow adult-use sales to commence in May 2025.
In ...