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IIPR - NewLake Capital IIPR And Cannabis REITs
May, 30 2024 05:20 PM
Innovative Industrial Properties Inc.
2024-05-30 17:20:00 ET
Summary NewLake Capital, a cannabis REIT, is currently trading at an 8% dividend yield, down from its previous 12% yield. As valuations increase, the risks facing IIPR and other cannabis REITs, such as redeployment risk, change. The market needs to take into account potential lower yields on future leases and the impact on net present value and leverage.
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NewLake Capital, IIPR And Cannabis REITs
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