NewLake Capital Partners Issues Second Quarter 2025 Common Stock Dividend of $0.43 per Share
NLCPNEW CANAAN, Conn., June 16, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that its board of directors has approved its second quarter 2025 cash dividend of $0.43 per share of common stock.
Cannabis REIT NewLake: 9.3% YoY Q3 Revenue Growth Despite Tenant Challenges, CEO Optimistic
NLCPNewLake Capital Partners, Inc. (OCTQX: NLCP) announced on Wednesday its financial results for the third quarter ended Sept. 30, 2024.NewLake Capital Partners, Inc. (OCTQX: NLCP) announced on Wednesday its financial results for the third quarter ended Sept. 30, 2024.
The New Canaan, Connecticut-based company said third-quarter revenue totaled $12.6 million, representing an increase of 9.3% year-over-year.Anthony Coniglio, NewLake's president and CEO, called quarterly financial results solid. He is optimistic regarding cannabis prospects under the new Donald Trump administration.
Cannabis Industry Leaders React To Trump Victory: Expect Changes
NLCPCannabis industry leaders respond to Trump's victory with hopes for federal reforms and banking access but caution over regulatory challenges.
Florida Rejects Cannabis Legalization Amendment Supported By Trump, Detested By DeSantis
NLCPFlorida voters reject marijuana legalization initiative with 55.8% yes votes, despite star-studded endorsements. Industry responds: progress still needed.
EXCLUSIVE: Despite Recent Market Pressures, Cannabis REITs Are Growing Like Weeds. Several Industry Execs Explain Why
NLCPCannabis REITs are growing like weeds amid an uncertain regulatory landscape.
Several cannabis execs talked about the advantages of the REIT structure Wednesday at Benzinga's Cannabis Capital Conference in Chicago.