Shadd Dales and Anthony Varrell continue their Q1 2025 cannabis earnings coverage and what it’s revealing about the cannabis industry. Joining us is NewLake Capital Partners CEO Anthony Coniglio, who breaks down the company’s latest performance and what it signals about cannabis real estate and lending in today’s volatile environment.NewLake (OTCQX: NLCP) posted $13.2 million in revenue, $10.7 million in AFFO, and maintained an impressive 98% rent collection rate, all while keeping debt to gross assets at just 1.6%. With nearly $20 million in cash and over $100 million in liquidity, the company continues to be a steady performer amid broader industry challenges.Plus, cannabis investor and advisor Seth Yakatan joins us to analyze Q1 results from across the sector. Trulieve (OTCQX: TCNNF) grew revenue and retail traffic but posted a $33 million net loss, while Green Thumb (OTCQX: GTBIF) remained profitable, though SG&A expenses jumped. Meanwhile, Chicago Atlantic (NASDAQ: REFI) reported a 16.9% yield, maintaining its strength in cannabis finance.We break down what these earnings mean for cannabis investors, market trends, and where capital may flow in the second half of 2025.0:00:00 - Intro0:01:09 - Upcoming EarningsAnthony Coniglio Interview0:02:08 - New Lake Capital Earnings0:05:33 - Industry Outlook for 20250:09:54 - Hemp Industry Growth Discussion0:11:46 - Debt and Flexibility for Asset Acquisition0:13:02 - Interesting Markets for Potential Investment0:15:21 - Rent Collection and Portfolio Stability0:17:37 - ICBC Conference: European Market Insights0:22:51 - European Cannabis Market Maturity0:24:23 - Expansion Opportunities in EUSeth Yakatan Interview0:27:38 - MSO Earnings0:28:50 - Latest Earnings:GTI & Trulieve0:30:29 - Customer retention and loyalty programs in Florida0:35:15 - IIPR earnings 0:38:00 - US Cannabis Industry Trends0:40:58 - Verano earnings Analysis0:42:30 - Upcoming Glass House Earnings0:44:22 - International Market opportunities0:45:04 - Wrap up#CannabisInvestors #CannabisStocks #CannabisEarnings #CannabisFinance #CannabisBanking #Trulieve #GreenThumbIndustries #ChicagoAtlantic #NewLakeCapital #IIPR #TradeToBlackWant to see the last week's recap?   • DEA Nominee Shakes Up Cannabis Indust...  Want to see more Cannabis Reform videos?   • What Federal Cannabis Legalization Wi...     • Legal Expert Explains Marijuana Resch...     • Trump’s DEA Nominee Signals Cannabis ...     • Will TRUMP Legalize Marijuana Banking...  Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter!https://newsletter.thedalesreport.com...Find us as well on Facebook, Twitter, Instagram, LinkedIn and on the Web:Facebook:   / thedalesreport  Twitter:   / thedalesreport  Instagram:   / dalesreport  LinkedIn:   / the-dales-report  Apple Podcasts: https://tinyurl.com/TDRTradetoBlackon...Spotify: https://tinyurl.com/TDRTradeToBlackon...Website: https://thedalesreport.com/For copyright matters, please get in touch with us at:[email protected] views on the Trade To Black podcast and the guests on this podcast are purely opinions. You should not treat any opinions expressed by us or our guests as investment advice. The views on this podcast are solely intended to be informational and are not investment advice. Please go to our website for a full list of disclosures and details of any client relationship we have. https://thedalesreport.com/website-te...