share_log

The Price Is Right: This Weed Real Estate Stock Proves Conservative Strategies Bring Returns

Benzinga ·  Dec 10 08:30

New Lake Capital Partners(OTC:NLCP), a real estate company focused on cannabis properties, offers an attractive investment with a 9.1% dividend yield, well above the return on 10-year government bonds.

This yield, combined with a cautious approach to debt and disciplined portfolio growth, positions NLCP as an attractive alternative to other cannabis REITs likeIIPR(NYSE:IIPR) and broader industrial REITs. Trading near par value, NLCP's conservative strategy highlights its potential for stable, long-term returns, as noted byPablo ZuanicofZuanic & Associates.

  • Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets...
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment