NewLake Capital Partners, Inc.

At NewLake Capital Partners, we are proud of our diversified tenants and borrowers, showcasing partnerships with some of the most prominent operators in the #CannabisIndustry: -Curaleaf leads with 22.9% of the portfolio. -Cresco Labs and Trulieve represent 13.0% and 10.8%, respectively. -Other notable partners include Cannabist (8.2%), Calypso (6.5%), and Acreage (6.4%). This balanced composition reflects our strategic focus on working with industry leaders and emerging operators to create value for our investors while maintaining a robust and stable portfolio. Take a look at our latest #investor presentation here: https://lnkd.in/efq_79Y7

REITs present a unique opportunity for investors to access the fast-growing cannabis market while benefiting from the stability and attractive features of real estate investments. While #cannabis REITs remain relatively unknown and therefore underinvested by retail and institutional investors, they are poised to play a significant role in the future of real estate and investment. Learn more in mg Magazine: https://lnkd.in/e3jnkWXX #NewLakeCapital #REITS #cannabisindustry #realestate #investing

We’ve just announced #NewLake’s financial results for the third quarter, ended September 30, 2024. Join us tomorrow at 11 am ET for our conference call, where our leadership team will share key financial updates and business highlights: https://lnkd.in/eMaWRbp7 #NewLakeCapital #EarningsResults #Investors #Investing #cannabisindustry #cannabisbusiness #REIT

What is a sale leaseback transaction in real estate investing, and what makes it a strategic financial tool to achieve win-win scenarios? Our SVP, Head of Investments, Jarrett Annenberg, breaks down the advantages for operators and investors. #Cannabis #CannabisIndustry #CannabisBusiness #REIT #RealEstate #RealEstateInvesting #Investing

#Earnings Reminder: We look forward to connecting with investors on November 14th at 11 AM ET for our Q3 2024 Earnings Call. Details: https://lnkd.in/eeGsB6Xp #NewLakeCapital #CannabisIndustry #CannabisBusiness #Investors #InvestorNews

Cannabis Industry Leaders React To Trump Victory: Expect Changes, read more on the latest from Benzinga by Rolando García Bernado. Features Anthony Coniglio, NewLake Capital Partners, Inc., Michael Sassano, SOMAÍ Pharmaceuticals, Evan Nison, NisonCo PR, SEO and Content Marketing, Tyler Beuerlein, Safe Harbor Financial (Nasdaq: SHFS), Ismail L. Ali, Multidisciplinary Association for Psychedelic Studies (MAPS). #Cannabis #CannabisNews #DonaldTrump #USElections #Marijuana #2024Elections #ElectionsCannabis #BZCannabis.

Statement from Anthony Coniglio, CEO of NewLake Capital Partners: Last night’s election delivered mixed results regarding cannabis policy. It is clear Americans support medical cannabis by wide margins. However, there is caution from the electorate regarding adult-use policies in more conservative districts. Nebraska, a state Donald Trump won with 60% support, voted to legalize medical marijuana with the ballot initiative eclipsing 70% support. In Kentucky where the state legislature passed a medical marijuana bill in 2023, voters in more than 100 cities and counties voted to allow cannabis businesses to operate in their region. As of Wednesday morning, none of those jurisdictions voted against cannabis. In fact, many jurisdictions saw over 60%, and in some cases over 70%, support for medical cannabis in a state where Donald Trump won nearly 65% of the vote. Adult-use initiatives in red states faced a different fate on Election Day. Florida’s adult-use measure had a strong showing with 56% support, mirroring Donald Trump’s results, but unfortunately, it fell short of the 60% supermajority needed to pass. Meanwhile, North Dakota and South Dakota adult-use initiatives, which only needed a majority of support to pass, received 47% and 44% support, respectively.   To me, what Election Day 2024 has reinforced is that a strong majority of Americans want access to cannabis for medical purposes and work remains in conservative districts to unlock freedom of choice for recreational purposes. I believe the resounding support for medical cannabis across the political spectrum can only be positive for the DEA’s process to reschedule cannabis to Schedule III, unlocking the opportunity for expanded research into the medical benefits of the plant.  On the legislative front, where Republicans won control of the Senate, selection of the Majority Leader will be important to understanding the opportunity for reform in the upcoming Congress. It is certainly positive that Donald Trump has openly backed rescheduling, banking rights for the cannabis industry and states rights to decide on cannabis policy without federal interference. However, a lot depends on who he appoints as cabinet members and where these reforms fall into the Republican priorities. #cannabis #cannabislegalization #cannabisindustry #cannabisnews #NewLakeCapital

The #cannabisindustry is reacting to Florida’s Proposition 3 receiving 56% support but falling short of the votes needed for implementation, with #NewLakeCapital CEO Anthony Coniglio weighing in. “The cannabis sector will remain resilient, and operators, investors, and advocates alike will continue to push for reform in states where the regulatory environment is more favorable.” Read more in Green Market Report: https://lnkd.in/erRwbriy #Election #Florida #FloridaCannabis #cannabislegislation 

As we wait to see what unfolds from the #election, ADWEEK shares how folks are taking the edge off and what the industry and Anthony Coniglio are hoping for. Thanks, Terry Stanley. #cannabisindustry #cannabis #Election2024

Head over to X(Twitter) to listen to last night's Spaces with Anthony Coniglio, Shadd Dales and Don Murphy. The conversation focused on Tuesday's #election and what we'll be looking out for as it unfolds. Listen here: https://lnkd.in/ehEWbqCM #Election2024 #CannabisIndustry #CannabisLegalization #cannabis The Dales Report