Cannabis Reits
What Are Cannabis REITs?
Cannabis Real Estate Investment Trusts (REITs) own and lease properties used by licensed cannabis operators, such as cultivation facilities, processing centers, and retail dispensaries. These REITs generate income by leasing space to cannabis businesses under long-term agreements.
Why Invest?
Cannabis REITs offer high growth potential due to the expanding legalization of cannabis across North America. With the industry's rapid development, these REITs provide investors with exposure to a growing market while benefiting from long-term leases and a diverse tenant base.
Challenges & Outlook
Cannabis REITs face regulatory challenges, such as varying state laws and federal restrictions, which can impact profitability. However, as the cannabis industry continues to expand and legalization efforts gain momentum, cannabis REITs are poised for long-term growth, making them an attractive option for investors seeking exposure to the evolving sector.
Ticker Symbol | Company Name | Property Sector | Market Cap ($B) | Dividend Yield | Payout Frequency | Price-to-FFO | Debt Ratio | Short Interest | |
---|---|---|---|---|---|---|---|---|---|
IIPR | Innovative Industrial | Cannabis | 2.39 | 8.45% | Quarter | 10.3 | 10% | 9.3% | |
NLCP | NewLake Capital | Cannabis | 0.28 | 11.64% | Quarter | 7.6 | -- | 0.6% | |
AFCG | AFC Gamma | Cannabis | 0.24 | 16.47% | Quarter | 5.6 | 26% | 3.9% | |
REFI | Chicago Atlantic | Cannabis | 0.28 | 12.12% | Quarter | 6.9 | 30% | 2.6% | |
PW | Power REIT | Cannabis | 0.00 | 0.00% | Irreg | 0.3 | 67% | 0.8% |