Cannabis Investing Network

#122 - Investing in Cannabis through Sale-Leasebacks (ft. Jarrett Annenberg of Newlake Capital Partners)


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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


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