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NLCP - NewLake Capital Partners: 6.95% Yield 79% Upside 100% Risk
May, 29 2022 09:00 AM
NewLake Capital Partners Inc Com
NewLake Capital Partners is a small copycat REIT, modeled closely on Innovative Industrial Products. NLCP's price performance since inception has been pretty much all downhill. NLCP's returns YTD, along with those of other Cannabis REITs, are underperforming even the struggling REIT average. Quarterly results look good compared to Q1 2021, but quarter-over-quarter results are obscure. In this article, we take a quick overview of the company and dive into growth, balance sheet, dividend, and valuation metrics. For further details see:
NewLake Capital Partners: 6.95% Yield, 79% Upside, 100% Risk
Stock Information
Company Name:
NewLake Capital Partners Inc Com
Stock Symbol:
NLCP
Market:
OTC
Website:
newlake.com
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