NLCP - NewLake Capital Partners: A High Dividend Yield Coupled With High Growth Potential

2024-04-23 10:03:24 ET

Summary

• NewLake Capital Partners is a growing company in the growing Cannabis market.
• It currently pays a well-covered and high dividend yield of 8.96%.
• The company has high profitability metrics.
• There is potential for expansion into legal markets and massive potential if legalization and easing restrictions for Cannabis carry on.
• These opportunities make it an attractive long-term opportunity for both capital growth and dividends.

Investment Thesis:

NewLake Capital Partners, Inc. ( NLCP ) has shown a great capacity for creating high margins while paying a high dividend yield despite being a young company. NLCP is poised to continue growing with a high-growth market and has close access to potentially dozens of millions more customers at the current stage, with even more potential growth if legalization continues.

A Cannabis REIT

NewLake Capital Partners, INC. is part of a new breed of specialized REITs whose portfolio comprises cannabis industry tenants with clients in recreational and medical use businesses...

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