After taking a long hiatus from contributing, I have decided to return and share some of my investment ideas with the community. Although it has been a while since my last piece, and even if my employer might prevent me from making regular contributions, I will do my best to upload more content in the coming weeks. As we experience a period of heightened market volatility, I find it too exciting not to write about these market gyrations. The increased volatility in the stock market is creating great opportunities for profit, for both long-term investors and traders alike.
The first investment idea I am presenting is cannabis REIT NewLake Capital Partners Inc (OTCQX:NLCP). Headquartered in Connecticut, the company only began an OTC listing in August 2021 and has since lost 50% of its initial offer price. While some may assume this is another busted IPO, it is important to note that the drop was not due to company-specific issues but rather reflects the deflating valuations in the entire cannabis sector. Large players, including MSOs (whether NCLP tenants or not) and peer REIT Innovative Industrial Properties (IIPR), have all shared similar one-year market performance, and a tight correlation is