NEWLAKE CAP PARTNERS INC - NLCP STOCK NEWS

NewLake Capital Partners, Inc. (NLCP) invested $16 million in a Connecticut cannabis cultivation facility operated by C3 Industries, aiming to expand C3's vertically integrated cannabis operations in the state. The investment includes acquiring a 58,500 square-foot property in East Hartford, Connecticut, with a long-term lease agreement. This marks NewLake's second collaboration with C3, showcasing a strategic move to strengthen their presence in the cannabis industry.

NewLake Capital Partners, Inc. (NLCP) will be presenting at the Aegis Capital Virtual Conference on May 9th, 2024. Anthony Coniglio, President and CEO, will discuss the company's real estate capital services for cannabis operators. Investors can register for the webcast on the company's IR website and request one-on-one meetings with the management team.

NewLake Capital Partners, a leading provider of real estate capital to state-licensed cannabis operators, issues a statement on the DEA rescheduling cannabis from Schedule I to Schedule III. This move has significant implications for the cannabis industry, including tax savings for operators and increased investment opportunities. NewLake stands to benefit from potential growth and has the capacity to seize opportunities arising from this development.

NewLake Capital Partners, Inc. (NLCP) announces plans to host a conference call and report financial results for Q1 2024 on May 9, 2024. The company is a key player in providing real estate capital to state-licensed cannabis operators. Details for the call are available on the company's Investor Relations website.

NewLake Capital Partners, Inc. (NLCP) CEO Anthony Coniglio praises Florida Supreme Court's decision to advance Amendment 3, the adult-use cannabis bill, to the November ballot. The measure, supported by 75% of Floridians, could lead to adult-use sales starting in May 2025. With Florida's medical cannabis sales surpassing $2.5 billion in 2023, the potential for a $6 billion adult-use market is significant. Tenants like Trulieve, Curaleaf, Cresco, AYR, and the Cannabist stand to benefit from this development, with NewLake providing essential real estate capital and support.

NewLake Capital Partners, Inc. (NLCP) announces its participation in investor conferences in April 2024. The company will be present at LD Micro Invitational XIV on April 8-9 in New York and Benzinga Cannabis Capital Conference on April 16-17 in Florida. Management will discuss capital strategies and timing at these events.

NewLake Capital Partners, Inc. (NLCP) reported strong financial results for Q4 and full year 2023, with revenue increasing by 6.4% and 5.1% respectively. Net income, FFO, and AFFO also showed positive growth. The company repurchased shares and raised dividends. Operational highlights include 100% rent collection, stock repurchase program, and investments in cultivation facilities. Recent developments include lease amendments and increased dividends.

NewLake Capital Partners, Inc. (NLCP) announces President and CEO, Anthony Coniglio, to present at the Sidoti Small-Cap Conference on March 13th and 14th. The company is a prominent provider of real estate capital to state-licensed cannabis operators.

NewLake Capital Partners, Inc. plans to host a conference call to report its financial results for the fourth quarter and full year ended December 31, 2023, on Monday, March 11, 2024. The call will be available via live webcast and dial-in replay for interested individuals unable to join. The company is a leading provider of real estate capital to state-licensed cannabis operators.