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Q1 Earnings Reveals Cannabis Divide: Operators vs Cash Burners
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…
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