FPI - Gladstone Land: New Acquisition Continues Growth Story
On Monday, June 8, 2020, Gladstone Land (LAND) (LANDP) announced that it added some farmland to its portfolio. The property in question was a 590-acre pecan farm in California. This allows the company to continue on its historically strong growth trajectory despite the recent outbreak of the coronavirus pandemic. This is something that should be at least partially expected because, as I discussed in a previous article, even in a pandemic people still need food. This is certainly something that investors in the company should appreciate as it positions Gladstone Land reasonably