#122 - Investing in Cannabis through Sale-Leasebacks (ft. Jarrett Annenberg of Newlake Capital Partners)
In this episode we are joined by Jarrett Annenberg of Newlake Capital Partners. NLCP is a new OTC listed public cannabis REIT who owns dispensaries and cultivation facilities across the US. Their largest tenants include Curaleaf, Cresco, Trulieve, Columbia Care and other single and multi-state operators.
We touch on a wide variety of topics including:
- Why a delayed SAFE banking will help Newlake grow its portfolio
- History repeating itself: how expectations of SAFE in 2019 are similar to 2021
- The $3B capital opportunity and where Sale-Leaseback fits into the equation
- Origins of Newlake: how the company got started by raising $90M in 2019
- Scaling up by merging with Green Acreage REIT
- How NLCP raised $100M to go public in a soft equity market
- "A Safer Way to Play Cannabis" - why larger investors liked cannabis REITs
- Why investors should be excited about NLCP and its opportunity for capital appreciation
Thanks to Jarrett for joining us!
Jarrett on LinkedIn - https://www.linkedin.com/in/jarrett-annenberg-8584474/
Newlake Investor Deck - https://ir.newlake.com/company-information/presentations
Weitere Episoden von „Cannabis Investing Network“
Verpasse keine Episode von “Cannabis Investing Network” und abonniere ihn in der kostenlosen GetPodcast App.
