Financial Performance & Growth - Power REIT's equity market capitalization was $142 million as of May 21, 2021[7] - The share price was $38.90 as of May 21, 2021[7] - The pro forma run rate FFO multiple is approximately 12.1x[7] - A rights offering closed on February 9, 2021, raising $36.7 million through the issuance of 1.38 million common shares[18] - Total legal cannabis sales in the U S market are projected to reach between $25 0 and $30 4 billion by 2023[48] Portfolio & Strategy - Power REIT focuses on sustainable real estate, particularly Controlled Environment Agriculture (CEA) for cannabis and food cultivation[7] - The company has 91 acres of land with 470,000 square feet of greenhouse/processing space for medical cannabis cultivation[7] - Power REIT also leases 600 acres of land to solar farms generating over 107 Megawatts[7] - The company owns 112 miles of railroad in Marcellus Shale territory[7] - The company has an acquisition pipeline exceeding $100 million at various stages of negotiation[8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | 45-3116572 | | --- | | Maryland | (State or other jurisdiction of incorporation or organization) 301 Winding Road, Old Bethpage, NY 11804 (Address of principal executive offices) (Zip Code) (212) 750-0371 For the quarterly period ended March 31, 2021 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36312 POWER REIT (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or organization) Maryland 45-3116572 (I.R.S. ...