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NewLake Capital Partners, Inc. is a real estate investment trust specializing in providing capital to the cannabis industry through sale-leaseback and build-to-suit transactions. It owns and leases properties such as cultivation facilities and dispensaries in regulated states, primarily to licensed operators. Its business model focuses on long-term, triple-net leases in a growing, highly regulated market with limited competition and strong demand for cannabis real estate.
This description was generated via AI from an annual report. Updated about 1 year ago.