Real Estate News

NewLake Capital Partners Issues Statement on Cannabis Being Rescheduled to Schedule III

NEW CANAAN, Conn., May 01, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, issued a statement from NewLake Capital Partners CEO and President Anthony Coniglio on the Drug Enforcement Administration (DEA) rescheduling cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA).

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