Cannabis real estate

Chicago Atlantic REFI (NASDAQ:REFI) stands out in the cannabis finance sector, receiving an “Overweight” rating from senior analyst Pablo Zuanic at Zuanic & Associates. With a near 14% dividend yield, REFI offers an attractive, less volatile way to gain exposure to the cannabis...

Body and Mind Inc. (CSE:BAMM), (OTC:BMMJ), a multi-state cannabis company, announced a new credit facility with Bengal Catalyst Fund, LP, securing up to $2.3 million to support its U.S. expansion efforts. The financing aims to help Body and Mind build out key dispensary projects in Illinois and New...

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI), a leading commercial mortgage real estate investment trust (REIT), has announced the closure of a $50 million unsecured term loan with two institutional private lending platforms. This funding aims to support the company's future investments...

In a dramatic turn, Aurora Cannabis (NASDAQ:ACB) announced its breakup with Uruguay, closing operations by the end of September 2024. Acquired for $263 million in 2018, Aurora’s exit underscores a harsh reality: the market failed to meet its criteria for future growth, dashing hopes of...

Securing prime real estate for cannabis operations is a nuanced endeavor, requiring expertise and a keen understanding of local regulations. Meilad Rafiei, CEO of WeCann, a cannabis entitlements, licensing and property brokerage firm, shares insights into this intricate process. Priorities In...

In a recent webinar hosted by Pablo Zuanic from Zuanic & Associates, AFC Gamma's top executives discussed the company's strategic direction, focusing on the spin-off of its commercial real estate business, the current state of its cannabis loan book, and its competitive positioning in...

Chicago Atlantic Real Estate Finance (NASDAQ: REFI) stands out in the cannabis capital providers and mortgage REIT (mREIT) sectors due to its premium valuation, impressive dividend yield, and robust growth track record. Pablo Zuanic, a senior equity analyst, noted in a recent report, "Of the...

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...

With increasing state-level legalizations, real estate investment trusts (REITs) such as Innovative Industrial Properties, Inc. (NYSE: IIPR) NewLake Capital Partners, Inc. (OTCQX: NLCP) and Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) are funds that provide capital,...

Cannabis REIT NewLake Capital Partners Inc. (OCTQX: NLCP) announced its financial results Thursday for the first quarter of the year ended March 31, 2024. With a primary focus on providing real estate capital to state-licensed cannabis operators, the company’s performance underscores its...

Darius Bruner, CEO of 8blockchainfund, manages a turnkey special purpose vehicle (SPV) fund that uses AI technology to streamline business capital formation. In a detailed discussion, Bruner describes his journey from managing a $500 million cannabis fund to developing innovative web-based avatars...

Chicago Atlantic Real Estate Finance (NASDAQ:REFI), a cannabis-focused commercial real estate finance company, announced on Tuesday its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights Net interest income stands at about $13.2 million, marking a sequential...

Rainbow Realty Group IV LLC, a real estate financier for US cannabis companies, in collaboration with Rainbow Realty Group II LLC, GEMA CP Fund I LLC and MJ Real Estate Investment Trust, has finalized an $8.5 million acquisition loan, solidifying its commitment to enhancing cannabis cultivation in...

New Lake Capital Partners (OTC: NLCP) has emerged as a key player, capitalizing on the industry's expansion and the increasing need for capital among multi-state operators (MSOs). The company focuses on real estate investments and specializes in acquiring and leasing properties to businesses...

Florida's cannabis industry is facing a potential transformation with the advancement of House Bill 1053. The bill proposes stringent zoning regulations that could significantly reshape the industry landscape by increasing the minimum distance for cannabis-related establishments from the...