- 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