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NewLake Capital Partners Reports Third Quarter 2026 Financial Results
GlobeNewswire Inc.·
NewLake Capital Partners announced Q3 2026 financial results with total revenue of $12.0 million and net income of $4.2 million. The company strengthened its balance sheet by repaying $7.6 million in debt, ending the quarter with no outstanding debt and $17.9 million in cash. Despite a 4.5% revenue decline compared to Q3 2025 due to three properties becoming available for lease, the company acquired dispensary properties in Kentucky, Michigan, and Kentucky post-quarter end, positioning itself for growth as the cannabis regulatory landscape matures.
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