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Brick-And-Mortar Investments Build Cash Flow And 11% Price Uptick For This Cannabis Stock

Benzinga ·  Jun 21 21:01

New Lake Capital Partners(OTC:NLCP), which owns, operates or finances income-producing cannabis-focused real estate, is gaining traction among investors, evidenced by an 11% rise in stock price over the past 90 days.

The company's financial health and growth potential present a less volatile yet promising opportunity for investors in the cannabis sector, according to senior analystPablo ZuanicfromZuanic & Associates.

In a recent company update Zuanic noted: "With a favorable industry backdrop and strategic positioning, NLCP is well-equipped to deliver above-average shareholder returns."

Portfolio Expansion And Financial Health

NLCP recently announced a $16 million investment in...

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