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.
NewLake Capital Partners (NLCP) provides essential real estate financing solutions to state-licensed cannabis operators, bridging capital gaps in a complex regulatory landscape. This page serves as the definitive source for NLCP-related news, offering investors and industry stakeholders timely updates on strategic developments.
Access curated press releases and articles covering earnings reports, property acquisitions, regulatory compliance milestones, and partnership announcements. Our repository simplifies tracking of NLCP's investments in cultivation facilities, processing centers, and technology-driven operational improvements.
Explore updates on:
• Strategic capital deployments in regulated cannabis markets
• Partnership expansions with established operators
• Regulatory adaptation strategies across multiple states
• Portfolio growth through quality property underwriting
Bookmark this page for efficient monitoring of NLCP's progress in shaping cannabis infrastructure. Combine our news feed with SEC filings and market analysis for comprehensive investment research.
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.