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NewLake Capital Partners Rings the OTC Markets Group Live Market Opening Bell

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NewLake Capital Partners (NLCP) celebrated a significant milestone by ringing the opening bell at the OTC Markets Group, highlighting its commitment to the cannabis sector's growth. CEO David Weinstein expressed gratitude for the invitation, emphasizing the company's dedication to meeting the increasing capital demands of state-licensed cannabis operators. NewLake specializes in providing real estate capital through sale-leaseback transactions and owns a portfolio of 27 cannabis cultivation facilities and dispensaries leased on a triple-net basis.

Positive
  • NewLake Capital celebrated its listing milestone by ringing the opening bell at the OTC Markets.
  • The company is focused on meeting rising capital needs in the rapidly growing cannabis sector.
  • NewLake owns 27 cultivation facilities and dispensaries, enhancing its market position.
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NEW CANAAN, Conn., Oct. 26, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OCTQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it recently rang the opening bell at the OTC Markets Group, which can be viewed on the OTC Markets Twitter page.

David Weinstein, Chief Executive Officer, held an exclusive interview with the OTC Markets, which can be viewed on the Company’s website: https://ir.newlake.com/.  

“We are thankful to the OTC team for inviting us to celebrate this important milestone for NewLake,” said David Weinstein, Chief Executive Officer of NewLake Capital. “We remain committed to meeting the rising need for capital as the cannabis sector continues its rapid growth trajectory.”

About NewLake Capital Partners, Inc.

NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. NewLake owns a portfolio of 27 cultivation facilities and dispensaries utilized in the cannabis industry that are leased to single tenants on a triple-net basis.

Forward-Looking Statements

This press release contains “forward-looking statements.” Forward-looking statements can be identified by words like “may,” “will,” “likely,” “should,” “expect,” “anticipate,” “future,” “plan,” “believe,” “intend,” “goal,” “project,” “continue” and similar expressions. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs and expectations. Forward-looking statements, including statements regarding the timing of settlement and the use of proceeds of the initial public offering, are based on the Company’s current expectations and assumptions regarding capital market conditions, the Company’s business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, changes in the condition of the U.S. economy and, in particular, the U.S. real estate market.

Contact Information:
Anthony Coniglio
President and Chief Investment Officer
NewLake Capital Partners, Inc.
info@newlake.com        

Investor Contact:
Valter Pinto, Managing Director
KCSA Strategic Communications
Valter@KCSA.com  
PH: (212) 896-1254

Media Contact:
McKenna Miller
KCSA Strategic Communications
MMiller@kcsa.com
PH: (212) 896-1254


FAQ

What did NewLake Capital Partners announce recently?

NewLake Capital Partners announced they rang the opening bell at the OTC Markets Group.

What is the stock symbol for NewLake Capital Partners?

The stock symbol for NewLake Capital Partners is NLCP.

Who is the CEO of NewLake Capital Partners?

David Weinstein is the CEO of NewLake Capital Partners.

What type of capital does NewLake Capital Partners provide?

NewLake Capital Partners provides real estate capital to state-licensed cannabis operators.

How many cannabis facilities does NewLake Capital own?

NewLake Capital owns a portfolio of 27 cultivation facilities and dispensaries.

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