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

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