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*Latest reports. Please contact us for archive reports.

FINCOS

Review our research on cannabis-focused financial entities, highlighting capital flows, deal structures, and the evolving role of FINCOs in industry growth.

Advanced Flower Capital

April 2, 2025

AFCG (OW): Update Post New Loan Activity

March 14, 2025

AFCG (OW): Our Views Post Dividend Cut

AFCG (OW): Updated Views and Estimates Post 1!25

May 15, 2025

NewLake Capital Partners

March 12, 2025

NLCP (OW): 4Q Review & CY25 Outlook

February 4, 2025

NLCP (OW): Pullback Overdone (IIPR related)

May 13, 2025

NLCP (OW): Post 1Q Update; 12% Div Yield; 25 Disc to Par Overdone

Chicago Atlantic Real Estate Finance

March 14, 2025

REFI (OW): Updated Views and Estimates Post 4Q

December 9, 2024

REFI (OW): Potentially the Most Attractive MJ Finco Stock

May 14, 2025

REFI (OW): Real Estate Finance: Post 1Q25 Update

Chicago Atlantic BDC

May 23

Chicago Atlantic BDC (OW): Starting Coverage of the Only BDCC in the Cannabis Lending Sector