Welcome to our dedicated page for Newlake Capital news (Ticker: NLCP), a resource for investors and traders seeking the latest updates and insights on Newlake Capital stock.
Overview of NewLake Capital Partners
NewLake Capital Partners (NLCP) is a distinctive financial entity that specializes in providing real estate capital to state-licensed cannabis operators. Integrating deep industry knowledge with a focused investment strategy, NewLake supports the growth and operational excellence of cannabis businesses by offering tailored financing solutions and partnering with quality operators. With its foundations in real estate financing and a commitment to underwriting quality properties, the company has positioned itself at the crossroads of capital investment and the rapidly evolving cannabis market.
Core Business Areas and Operational Excellence
At its core, NewLake Capital Partners is dedicated to addressing the capital needs of cannabis operators through specialized real estate investments. The company is deeply involved in transactions that fund cultivation facilities, processing centers, and other property-specific capital projects. This focus on real estate and capital investment has enabled it to build a portfolio that supports operational excellence in competitive markets. By targeting properties with strong cash-flow metrics, NewLake ensures that its investments are aligned with the rigorous standards demanded by the cannabis industry.
Strategic Investment Approach
NewLake Capital employs a robust investment strategy marked by:
- Selective Underwriting: The company emphasizes high-quality properties in regulated markets, ensuring that each investment meets stringent criteria for operational performance and cash flow potential.
- Partnership Focus: Through strategic collaborations with operators such as C3 Industries, NewLake demonstrates its commitment to long-term relationships that foster growth and operational innovation in the cannabis sector.
- Technological Integration: By supporting transactions that incorporate automated systems and advanced environmental controls, NewLake underlines its focus on properties that drive operational efficiency and product quality.
Market Position and Industry Significance
Operating in a niche sector that combines real estate finance with cannabis operations, NewLake Capital Partners has established a significant role in filling a critical gap in the market. The company not only provides essential capital but also contributes to the infrastructural development of licensed cannabis operations across multiple states. Its expertise in managing the complexities of real estate investments in a heavily regulated industry bolsters its market significance. By carefully navigating compliance and market challenges, NewLake has garnered respect within the industry for its methodical approach and commitment to quality financing solutions.
Services and Value Proposition
The company’s service offering is focused on:
- Real Estate Financing: Specializing in lending and financing solutions that facilitate the expansion and operational efficiency of cannabis cultivation and processing facilities.
- Capital Deployment Strategy: Emphasizing property investments that generate sustainable cash flow, thus mitigating risk amid the dynamic regulatory environment of the cannabis industry.
- Operational Partnership: Collaborating with market players to support growth initiatives that improve both market presence and operational standards.
Operational Transparency and Regulatory Insight
NewLake Capital Partners’ approach is grounded in a transparent operational framework that emphasizes adherence to regulatory standards and rigorous due diligence. By leveraging industry-specific expertise, the company ensures that every investment decision factors in the nuances of the cannabis sector’s legal and operational challenges. This alignment with strict regulatory frameworks underpins its commitment to providing reliable and targeted capital solutions.
Competitive Landscape and Differentiators
In an industry where capital allocation is both an art and a science, NewLake distinguishes itself through:
- Targeted Investment Focus: Concentrated exclusively on the intersection of real estate and cannabis, the company avoids the pitfalls of over-diversification and maintains a deep operational focus.
- Partnership and Collaboration: Its collaborations with established cannabis operators enable NewLake to leverage industry expertise and operational best practices, setting it apart from traditional financing entities.
- Operational Flexibility: With a diversified portfolio that spans multiple properties and markets, NewLake is well-equipped to navigate the complex regulatory environment synonymous with the cannabis industry.
Detailed Industry Insights
For investors and industry observers seeking to understand the dynamics of cannabis real estate capital, NewLake Capital Partners offers a detailed case study in strategic market positioning. Its commitment to underwriting quality properties, proactive management of compliance, and integration of cutting-edge technology provides a comprehensive understanding of the current trends and operational strategies in cannabis finance. The company's approach not only enriches the growth potential of its partners but also builds a blueprint for sustainable investment in a rapidly evolving market.
Conclusion
In summary, NewLake Capital Partners stands as a pivotal entity in the realm of cannabis real estate financing. By merging rigorous investment discipline with a tailored approach to the evolving needs of state-licensed cannabis operators, it delivers a comprehensive capital solution that supports operational growth, regulatory compliance, and market advancement. Investors and industry stakeholders can view NewLake as an informative reference point for understanding the interplay of real estate capital and the cannabis industry's progressive trajectories.
NewLake Capital Partners (OTCQX: NLCP), a real estate capital provider for state-licensed cannabis operators, has scheduled its first quarter 2025 earnings conference call for May 8, 2025, at 11:00 a.m. ET. The company will discuss financial results for the quarter ended March 31, 2025.
Interested participants can join via phone at 1-877-407-3982 (U.S. Toll-Free) or 1-201-493-6780 (International). A webcast will be available through the company's investor relations website. A replay of the call will be accessible until May 22, 2025, using replay pin 13752702.
NewLake Capital Partners (OTCQX: NLCP), a real estate capital provider for state-licensed cannabis operators, has announced its participation in four major investor conferences in April 2025:
- Globe St. Net Lease Spring Event (April 1-2) in New York, featuring a REIT investment panel discussion
- LD Micro Invitational XV (April 9-10) in New York, with a company presentation
- Capital Event Management 13th Annual Scottsdale Event (April 11-13) in Arizona
- International Cannabis Business Conference (April 29-30) in Berlin, Germany
Investors interested in one-on-one meetings with NewLake's management can coordinate through KCSA Strategic Communications.
NewLake Capital Partners (OTCQX: NLCP), a key provider of real estate capital to state-licensed cannabis operators, has announced its participation in the upcoming Sidoti Virtual Investor Conference scheduled for March 19-20, 2025.
The company's President and CEO, Anthony Coniglio, will deliver a presentation on Thursday, March 20, 2025, from 10:00-10:30 A.M. ET in Track 5. Investors can access the presentation through a webcast link provided by the company. Additionally, interested parties can arrange one-on-one meetings with NewLake's management team by contacting KCSA Strategic Communications.
NewLake Capital Partners (NLCP) reported its Q4 and full-year 2024 financial results, showing mixed performance. Full-year revenue increased 6.0% to $50.1 million, while Q4 revenue decreased 3.9% to $12.5 million year-over-year.
Key 2024 metrics include:
- Net income of $26.1 million
- Funds From Operations (FFO) of $41.3 million, up 5.1%
- Adjusted FFO of $43.7 million, up 7.5%
- Cash and equivalents of $20.2 million
The company declared a Q1 2025 dividend of $0.43 per share. Notable challenges include tenant issues with Revolutionary Clinics entering receivership and paying only 50% of contractual rent from June-December 2024, and Calypso Enterprises defaulting on rent payments from September-December 2024. The company maintains strong liquidity of $102.6 million and low leverage with 1.6% debt to total gross assets.
NewLake Capital Partners (OTCQX: NLCP), a provider of real estate capital to state-licensed cannabis operators, has announced its upcoming fourth quarter and full year 2024 earnings conference call scheduled for March 6, 2025, at 11:00 a.m. ET.
The company will present its financial results for the period ended December 31, 2024. Interested participants can join via phone at 1-877-407-3982 (U.S. Toll-Free) or 1-201-493-6780 (International), or through the webcast. A replay will be available until March 20, 2025, accessible by dialing 1-844-512-2921 (U.S.) or 1-412-317-6671 (International) with pin number 13751207.
NewLake Capital Partners (OTCQX: NLCP) has disclosed the tax characteristics of its 2024 dividend distributions. The company distributed a total of $1.70 per share across four quarterly payments, with the following breakdown:
- $1.47 per share classified as Section 199A dividends (included in ordinary dividends)
- $0.23 per share classified as return of capital
- No qualified dividends or capital gains distributions
The quarterly distributions were:
- Q1: $0.41 per share (paid April 15)
- Q2: $0.43 per share (paid July 15)
- Q3: $0.43 per share (paid October 15)
- Q4: $0.43 per share (paid January 15, 2025, but taxable in 2024)
NewLake Capital Partners (OTCQX: NLCP), a key provider of real estate capital to state-licensed cannabis operators, has announced its participation in the inaugural LD Micro Summit. The event will take place on February 3-4, 2025, at the Lago Mar Beach Resort & Club in Fort Lauderdale, Florida.
Anthony Coniglio, President and CEO, is scheduled to present on Tuesday, February 4, 2025, at 1:20 p.m. ET in the Lakeview Room. Interested parties can arrange one-on-one meetings with NewLake's management team by contacting KCSA Strategic Communications via email at NewLake@KCSA.com.
NewLake Capital Partners (OTCQX: NLCP) announced two significant developments: the appointment of Dina Rollman to its Board of Directors and the declaration of a Q4 2024 dividend. Rollman's appointment expands the board to eight members, preparing for Peter Kadens' planned retirement in June 2025. The company declared a Q4 2024 cash dividend of $0.43 per share, payable on January 15, 2025, equivalent to an annualized dividend of $1.72 per share.
Rollman brings significant cannabis industry experience as the current CEO of Powr Plant Inc. and former Senior VP for Government Affairs at Green Thumb Industries. Her expertise in legal and regulatory affairs is expected to be valuable as NewLake navigates the evolving cannabis industry landscape.
NewLake Capital Partners (OTCQX: NLCP), a provider of real estate capital to cannabis operators, announced its participation in the 13th Annual MJ Biz Conference. CEO Anthony Coniglio will present at a panel discussion titled 'How to Finance Real Estate for Your Cannabis Business' on December 3, 2024, at 3:15 p.m. PT. The event will be held at the Las Vegas Convention Center.
The presentation will be available for viewing after the event on NewLake's Investor Relations website. Interested parties can schedule one-on-one meetings with management through KCSA Strategic Communications.
NewLake Capital Partners (NLCP) reported Q3 2024 financial results with revenue of $12.6 million, up 9.3% year-over-year. Net income attributable to common stockholders was $6.4 million, with FFO of $10.3 million and AFFO of $10.8 million. The company declared a Q3 dividend of $0.43 per share, equivalent to an annual dividend of $1.72 per share, with an 84% payout ratio. Cash and cash equivalents stood at $19.8 million, with $12.2 million committed to building improvements. The company collected 97% of contractual rent during the quarter, though facing challenges with two tenants: Revolutionary Clinics paying 50% of contractual rent and Calypso Enterprises missing September and October payments.
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