NEW CANAAN, Conn., Oct. 15, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it plans to host a conference call and report its financial results for the third quarter ended September 30, 2025, on Thursday, November 6, 2025. Additional details are available under the Investor Relations section of the Company’s website: https://ir.newlake.com/. Event:NewLake C ...

NEW CANAAN, Conn., Oct. 06, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that management is scheduled to participate at the following October 2025 investor conferences. LD Micro Main Event XIXDates: October 19-21, 2025Location: Hotel Del Coronado, San Diego, CAPresentation Day and Time: Monday, October 20th at 1:30 p.m. PTWebcast: https://ir.newlake.com/news- ...

Core Viewpoint - NewLake Capital Partners, Inc. has announced a cash dividend of $0.43 per share for the third quarter of 2025, reflecting its ongoing commitment to returning value to shareholders [1][2]. Company Overview - NewLake Capital Partners, Inc. is an internally managed real estate investment trust that provides capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [3]. - The company owns a portfolio of 34 cultivation facilities and dispensaries, which are leased to single tenants on a triple-net basis [3]. Dividend Details - The announced dividend of $0.43 per share translates to an annualized dividend of $1.72 per common share [2]. - The dividend is scheduled to be paid on October 15, 2025, to stockholders of record as of September 30, 2025 [2].

Core Insights - NewLake Capital Partners, Inc. reported a revenue of $12.9 million for the second quarter of 2025, reflecting a year-over-year increase of 3.8% [1][5] - The net income attributable to common stockholders for the same period was $7.3 million, up from $6.8 million in the previous year [5] - The company declared a second quarter dividend of $0.43 per common share, maintaining a 79% AFFO payout ratio [2][14] Financial Highlights - Funds from Operations (FFO) totaled $11.4 million, representing a 7.7% increase year-over-year [5] - Adjusted Funds from Operations (AFFO) reached $11.5 million, marking a 4.0% increase compared to the same quarter in 2024 [5] - For the first half of 2025, total revenue was $26.1 million, an increase of 4.3% from $25.1 million in the same period of 2024 [5] Balance Sheet and Liquidity - As of June 30, 2025, cash and cash equivalents stood at $21.9 million, with total liquidity of $104.3 million [5] - The company reported a gross real estate asset value of $432.2 million, with a debt to total gross assets ratio of 1.6% [5] - There are no debt maturities until May 2027, indicating a stable financial position [5] Investment Activity - The company engaged in significant investment activity, acquiring properties valued at $1.735 million during the first half of 2025 [6][7] - A deed-for-deed like-kind exchange was completed on June 12, 2025, involving a dispensary property, which was recorded at an estimated fair value of $950 thousand [7] Tenant Condition and Challenges - Revolutionary Clinics faced operational challenges, resulting in a stipulation agreement to receive 50% of contractual rent on a weekly basis [9] - AYR Wellness Inc., which operates at two of the company's properties, announced a restructuring support agreement, representing approximately 5.9% of the company's rental revenue for the first half of 2025 [15] Conference Call and Future Outlook - A conference call and webcast are scheduled for August 7, 2025, to discuss the quarterly financial results and operational highlights [16]

Group 1 - NewLake Capital Partners, Inc. plans to host a conference call to report its financial results for the second quarter ended June 30, 2025, on August 7, 2025 [1][2] - The conference call will be accessible via a live call and a webcast, with a dial-in replay available until August 21, 2025 [2] - NewLake is an internally managed real estate investment trust (REIT) that provides capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [3] Group 2 - NewLake owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries, leased to single tenants on a triple-net basis [3]

Core Points - NewLake Capital Partners, Inc. has announced a cash dividend of $0.43 per share for the second quarter of 2025, which translates to an annualized dividend of $1.72 per common share [1][2] - The dividend is scheduled to be paid on July 15, 2025, to stockholders of record as of June 30, 2025 [2] Company Overview - NewLake Capital Partners, Inc. operates as an internally-managed real estate investment trust (REIT) that provides capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [3] - The company owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries, all leased to single tenants on a triple-net basis [3]

Company Overview - NewLake Capital Partners, Inc. is a leading provider of real estate capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [3] - The company operates as an internally-managed real estate investment trust (REIT) and owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries leased to single tenants on a triple-net basis [3] Upcoming Conferences - NewLake management is scheduled to participate in several conferences in June 2025, including the Benzinga Cannabis Capital Conference from June 8-10, where they will be on a panel discussing debt management on June 9 [2] - The Sidoti Virtual Small Cap Conference will take place on June 11-12, with NewLake presenting on June 12 [2] - NewLake will also participate in Cannabis Europa London on June 24-25, focusing on cannabis finance in Europe during a panel on June 24 [2]