NewLake Capital Partners, Inc.
Close on Oct 19, 2026
- Market cap
- $278.63M
- P/E (TTM)
- 11.2
- Dividend yield
- 12.97%
About NewLake Capital Partners
Real Estate Investment Trusts, SIC 6798
NewLake Capital Partners, Inc. operates as an internally managed real estate investment trust that provides real estate capital to state-licensed cannabis operators. The company supplies capital through sale-leaseback transactions, third-party acquisitions, and funding for build-to-suit projects. Its real estate assets are leased to single tenants under long-term, triple-net lease agreements, obligating occupants to handle ongoing property expenses alongside rent obligations. The company's customer base consists of commercial entities that cultivate, produce, or dispense medical-use and adult-use cannabis in state-regulated markets.
The company's property portfolio is divided into two primary operational segments: cultivation facilities and retail dispensaries. As of December 31, 2025, the company owned 34 properties across 12 U.S. states, representing 1,697,206 rentable square feet leased to 11 tenants. This portfolio includes 19 retail dispensaries and 15 cultivation facilities. The provided annual report text does not state the company's headquarters location.
Summary of the business section of NewLake Capital Partners's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NewLake Capital Partners, Inc.
- Founded
- 2019
- Headquarters
- New Canaan, CT
- Address
- 50 Locust Avenue 06840
- Phone
- (203) 594-1402
- Website
- newlake.com
- Employees
- 7, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- CBIZ CPAs P.C., New York, NY
Stock & identifiers
- Ticker
- NLCP
- Exchange
- OTC
- IPO date
- Aug 13, 2021
- Shares outstanding
- 21M, Aug 4, 2026
- Public float
- $233.96M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
- SEC CIK
- 1854964
- CUSIP
- 651495103
- ISIN
- US6514951036
- LEI
- 549300SW6G33FGNP2338
- EIN
- 83-4400045
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Anthony Coniglio | President and CEO, Director | 637,377 |
| Lisa Meyer | CFO, Treasurer and Secretary | 20,119 |
| David L. Weinstein | Director | 31,716 |
| Joyce Johnson | Director | 21,065 |
| Peter Wiser Martay | Director | 102,305 |
| Dina Rollman | Director | 9,765 |
| Alan Jeffrey Carr | Director | 47,381 |
| Gordon F. Dugan | Director | 67,584 |
| Peter A. Kadens | Director | 149,870 |
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had seven employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 24, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 11, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 21, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 13, 2021 | IPO | Initial public offering priced (424B4 prospectus) |