The U.S. cannabis industry continues to expand rapidly, creating strong momentum for related investments. In 2025, the market is expected to surpass $44 billion in value. Over the next five years, projections suggest it could reach more than $76 billion. This steady growth is driven by rising consumer demand and ongoing legalization across many states. Currently, nearly half of U.S. adults have tried cannabis at least once. Meanwhile, almost 80% of Americans live near a licensed dispensary. The industry also supports hundreds of thousands of jobs and contributes billions to the economy each year. Because of this, investors are watching cannabis real estate investment trusts (REITs) for potential gains.

At the same time, recent news around federal rescheduling of cannabis has added to investor optimism. If the government moves cannabis to a lower schedule, many operators could see reduced tax burdens. This change would likely attract new capital and improve profitability. States like Pennsylvania are also pushing forward with new legalization bills. These efforts could bring new business to cannabis REITs and boost long-term revenue. However, smart investors must still approach this sector carefully. Using technical analysis helps identify strong price trends and good entry points. Proper risk management, such as stop losses and position sizing, also protects capital. Altogether, staying informed and disciplined is key when trading cannabis REITs in today’s evolving market.

Cannabis REITs to Watch for Long-Term Gains in 2025

As the U.S. cannabis industry expands, real estate investment trusts (REITs) are becoming a critical financing source. These REITs provide essential capital to cannabis companies through sale-leaseback agreements and direct lending. In return, they generate consistent income and strong dividends for shareholders. Moreover, they offer exposure to the cannabis sector without the risks of direct plant-touching operations. In May 2025, three cannabis REITs stand out due to their growing portfolios and resilient financials. These include Innovative Industrial Properties (IIPR), NewLake Capital Partners (NLCP), and Chicago Atlantic Real Estate Finance (REFI).

[Read More] Top Marijuana Stocks In A Volatile Market

Top Cannabis REITs to Watch in May 2025

1. Innovative Industrial Properties, Inc. (NYSE: IIPR)
2. NewLake Capital Partners, Inc. (OTC: NLCP)
3. Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI)

Innovative Industrial Properties, Inc. (IIPR)

Innovative Industrial Properties is the first publicly traded cannabis REIT in the U.S. It focuses entirely on acquiring and leasing facilities to licensed cannabis operators. Founded in 2016, the company has grown steadily across the country. It operates in 19 states, with major footprints in California, Pennsylvania, and Illinois. These regions host large-scale cultivation and processing centers.

The company currently holds over 100 properties. These properties are mostly leased to single tenants under long-term triple-net leases. The tenants include some of the largest U.S. cannabis producers. As a result, IIPR maintains steady rental income even during market downturns. Its focus on real estate allows investors to gain indirect cannabis exposure with reduced volatility.

In Q1 2025, IIPR reported revenue of $71.7 million. This marked a slight increase from the previous quarter. Net income came in at $30.3 million, or $1.03 per share. The company declared a dividend of $1.90 per share. This represents a yield attractive to income-seeking investors. IIPR continues to maintain over $220 million in liquidity. Despite some tenant-related challenges, it has preserved healthy cash flow and balance sheet strength. Its portfolio is diversified, and management remains focused on strategic sale-leasebacks.

[Read More] Top Performing U.S. Marijuana Stocks to Watch in 2025

NewLake Capital Partners, Inc. (NLCP)

NewLake Capital Partners is a cannabis-focused REIT that invests in cultivation and retail properties. Established in 2019, the company has built a diverse portfolio of assets. It currently owns 33 properties across the U.S. These include 15 cultivation facilities and 18 retail dispensaries. The properties are spread across 12 states, including strongholds like Pennsylvania and Ohio.

NewLake’s tenants are major multi-state operators. Companies like Curaleaf and PharmaCann lease several of their facilities. The company operates under a triple-net lease structure. This ensures tenants handle all property expenses while NewLake collects fixed rent. As of May 2025, NewLake’s portfolio is fully leased, and occupancy remains strong.

Financially, NewLake posted $13.2 million in revenue for Q1 2025. This reflected a 4.8% year-over-year increase. Net income was $6.3 million, while adjusted funds from operations totaled $10.7 million. The company declared a $0.43 quarterly dividend, rewarding long-term investors. With over $100 million in available liquidity and a low debt ratio, NewLake is well-positioned for expansion. It has a reputation for responsible capital allocation and consistent rent collections. Management remains focused on adding new properties and deepening relationships with top-tier tenants.

[Read More] Marijuana Stocks To Buy Today And Trade Tomorrow?

Chicago Atlantic Real Estate Finance, Inc. (REFI)

Chicago Atlantic Real Estate Finance operates as a commercial mortgage REIT. Unlike IIPR and NLCP, it does not own physical properties. Instead, REFI provides secured loans to licensed cannabis operators. Its focus is on growth-stage companies with a strong operational history. The REIT specializes in senior secured loans, offering high-interest income and downside protection.

REFI’s portfolio includes 30 active loans totaling over $400 million. These loans are distributed across multiple states and sectors. Borrowers use funds for expansion, equipment, and facility improvements. The company works with experienced operators that meet strict underwriting criteria. This reduces credit risk and supports reliable income generation.

In Q1 2025, REFI reported net interest income of $13 million. Net income reached $10 million, or $0.47 per share. Operating expenses decreased, boosting overall profit margins. The company declared a quarterly dividend of $0.47 per share. This represents a high annualized yield, appealing to income investors. REFI also maintains access to a secured credit facility and holds strong liquidity. With its focus on short-duration loans and consistent underwriting, REFI remains a stable option in a volatile sector. It aims to scale its lending platform while preserving capital discipline.

Cannabis REITs Are Ideal for Long-Term Growth in 2025

Each of these cannabis REITs—Innovative Industrial Properties, NewLake Capital Partners, and Chicago Atlantic Real Estate Finance—brings a unique model to the table. IIPR focuses on real estate ownership and leasebacks. NLCP offers a diversified mix of retail and cultivation assets. REFI prioritizes high-yield lending with strong protections. All three demonstrate consistent revenue, strong dividends, and disciplined management. In a growing industry still underserved by traditional financing, these REITs continue to stand out. Investors seeking cannabis exposure with income stability should keep a close eye on these top-performing REITs in May 2025.

The post 2025’s Best Cannabis REITs for Building Wealth Over Time appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry..

The U.S. cannabis industry continues to expand rapidly, with sales expected to reach $40 billion by 2025. Legalization efforts are also gaining momentum. Recently, several states have introduced bills to legalize recreational cannabis, increasing investor interest. Cannabis real estate investment trusts (REITs) are crucial in this industry. They provide capital to cannabis operators through property acquisitions and lease agreements. This model allows companies to grow without heavy real estate expenses. As demand for cannabis properties rises, REITs offer investors a way to benefit from market expansion. However, proper risk management is essential due to market volatility.

When investing in cannabis REITs, technical analysis can help identify entry and exit points. Investors should watch key support and resistance levels to make informed decisions. Volume trends and moving averages can also confirm price direction. Additionally, monitoring industry news is essential, as policy changes impact stock performance. Diversification within the sector reduces risk and improves portfolio stability.

Cannabis REITs Benefiting from Industry Growth

The cannabis industry continues to expand in the United States. As legalization progresses, real estate investment trusts (REITs) specializing in cannabis properties are growing in demand. These REITs provide capital to cannabis operators by acquiring properties and leasing them back. This allows businesses to expand without high upfront real estate costs.

Investors looking for exposure to the cannabis market without directly owning stocks in plant-touching companies often turn to REITs. They generate revenue through long-term leases, making them less volatile than traditional cannabis stocks. In March 2025, three cannabis REITs stand out due to their strong market presence and financial performance. Innovative Industrial Properties, Inc. (IIPR), Chicago Atlantic Real Estate Finance, Inc. (REFI), and NewLake Capital Partners, Inc. (NLCP) are leading the sector. Let’s take a closer look at each company, its presence in the U.S. market, and its latest financials.

[Read More] Top Ancillary Cannabis Stocks to Watch in March 2025: Industry Leaders for Growth

Top 3 Cannabis REITs to Watch in March 2025

1. Innovative Industrial Properties, Inc. (NYSE: IIPR)
2. Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI)
3. NewLake Capital Partners, Inc. (OTC: NLCP)

Innovative Industrial Properties, Inc. (IIPR)

Innovative Industrial Properties, Inc. (IIPR) is one of the largest and most well-known cannabis REITs in the U.S. The company focuses on acquiring and leasing industrial properties to state-licensed cannabis operators. IIPR has built a strong portfolio across multiple states, making it a key player in the sector.

As of early 2025, IIPR owns over 100 properties across 19 states. These properties support medical and recreational cannabis businesses, including cultivation, processing, and retail operations. Some of the company’s largest holdings are in California, Florida, and Pennsylvania, where cannabis demand is high. IIPR’s tenants include some of the most established cannabis operators in the U.S., ensuring steady rental income and strong occupancy rates.

Latest Financials

IIPR has demonstrated consistent revenue growth due to its long-term lease agreements. In the most recent earnings report, the company reported a year-over-year revenue increase of 12%. This growth was driven by new property acquisitions and rental income adjustments.

Net income remained strong, with a profit margin exceeding 55%. The company’s dividend payout also remained attractive, making it a preferred REIT for income-seeking investors. In addition, IIPR maintained a high occupancy rate of over 97%, showing the stability of its business model.

Despite challenges in the cannabis industry, IIPR’s conservative approach to tenant selection has kept defaults low. The company continues to reinvest earnings into new acquisitions, ensuring long-term growth. Looking ahead, IIPR’s expansion strategy and strong financials make it a top cannabis REIT to watch in March 2025.

[Read More] 3 Marijuana Stocks For Better Investing In 2025

Chicago Atlantic Real Estate Finance, Inc. (REFI)

Chicago Atlantic Real Estate Finance, Inc. (REFI) is a specialty finance company focused on lending to cannabis businesses. Unlike traditional REITs that acquire and lease properties, REFI provides real estate-backed loans to cannabis operators. This unique approach makes it a key capital provider in the industry.

As of early 2025, REFI has investments in over 20 states, with a strong presence in Illinois, Massachusetts, and Arizona. The company partners with multi-state operators (MSOs) and single-state cannabis businesses, offering flexible financing solutions. These loans help operators expand their facilities and improve production capacity.

REFI’s portfolio consists of secured loans backed by cannabis properties, which reduces investment risk. This model has allowed REFI to maintain strong returns while supporting the growth of the legal cannabis market.

Latest Financials

REFI has delivered solid financial results due to its high-interest lending model. In its most recent earnings report, the company reported a net interest income increase of 15% year-over-year. The majority of its loans remained in good standing, with a low default rate of less than 2%.

Earnings per share (EPS) have continued to grow, reflecting strong loan demand. The company has maintained a dividend yield above 8%, making it an attractive option for income-focused investors. With a loan portfolio exceeding $400 million, REFI remains well-capitalized to support future cannabis industry expansion.

Looking forward, REFI’s disciplined underwriting and diversified loan portfolio make it a strong contender among cannabis REITs in 2025. Its ability to finance cannabis operators without direct property ownership provides unique flexibility in a rapidly evolving industry.

NewLake Capital Partners, Inc. (NLCP)

NewLake Capital Partners, Inc. (NLCP) is another leading cannabis REIT specializing in sale-leaseback transactions. The company provides capital to cannabis operators by acquiring their properties and leasing them back under long-term agreements. This model helps businesses free up cash for expansion while securing high-quality real estate assets.

As of early 2025, NLCP owns over 30 properties across 12 states. Its largest markets include Illinois, Pennsylvania, and Ohio, where cannabis sales continue to rise. The company focuses on high-traffic retail locations and large cultivation facilities, ensuring stable rental income.

NLCP has strong relationships with top cannabis operators, allowing it to expand its portfolio strategically. By targeting high-demand states, the company secures long-term leases with reliable tenants, providing consistent cash flow for investors.

Latest Financials

NLCP’s financial performance remains solid, driven by its expanding property portfolio. In its latest earnings report, the company reported a 10% increase in rental revenue year-over-year. This growth was fueled by new property acquisitions and contractual rent escalations.

The company maintained a high occupancy rate of 99%, reflecting the strong demand for cannabis real estate. Its dividend yield remained competitive, attracting both growth and income investors. NLCP also reduced its debt levels, strengthening its balance sheet for future expansion.

Despite some market headwinds, NLCP continues to grow its portfolio and secure long-term tenants. With a focus on high-quality real estate and disciplined capital allocation, the company remains a top cannabis REIT to watch in 2025.

[Read More] 3 Important Marijuana Stocks Giving Investors Hope

Top Cannabis REITs Benefiting from Industry Growth

Cannabis REITs provide a unique investment opportunity in the growing cannabis market. Unlike traditional stocks, they generate stable income through long-term leases and secured loans. Innovative Industrial Properties (IIPR), Chicago Atlantic Real Estate Finance (REFI), and NewLake Capital Partners (NLCP) are among the strongest players in the sector.

IIPR stands out for its extensive real estate portfolio and steady dividend payments. REFI offers a different approach by providing secured loans to cannabis operators, ensuring high-interest returns. Meanwhile, NLCP focuses on sale-leaseback transactions, providing capital to growing cannabis businesses.

As cannabis legalization progresses, demand for commercial real estate will rise. These top three cannabis REITs offer strong financials and growth potential, making them key investments to watch in March 2025.

The post Top 3 Cannabis REITs for March 2025: Strong Dividends and Market Expansion appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry..

The cannabis real estate sector continues to grow as demand for property financing increases. Cannabis REITs provide capital for dispensaries and cultivation facilities, helping operators expand while securing long-term rental income. The U.S. cannabis market is projected to reach $71 billion by 2030, driven by new state legalizations and rising consumer demand. Recent news suggests that federal rescheduling of cannabis could move forward in 2024, potentially easing banking restrictions. This change would benefit cannabis REITs by improving tenant stability. Investors should focus on companies with strong balance sheets and reliable rental income to reduce risk.

Using technical analysis can help identify optimal entry points for cannabis REITs. Watching support and resistance levels, trading volume, and moving averages can improve decision-making. Proper risk management is essential, as stock prices can be volatile. Setting stop-loss levels and position sizing carefully can help protect capital. As legalization expands, REITs will play a key role in industry growth, making them attractive for long-term investors.

The cannabis real estate sector is critical to the industry’s growth. Real Estate Investment Trusts (REITs) provide capital for cannabis operators through property acquisitions and lease agreements. As the market expands, these REITs help companies scale operations while securing long-term rental income. With uncertain federal legalization, these REITs offer investors indirect exposure to the cannabis industry.

This month, three cannabis REITs stand out due to their performance and recent developments. Innovative Industrial Properties, Inc. (IIPR), NewLake Capital Partners, Inc. (NLCP), and Chicago Atlantic Real Estate Finance, Inc. (REFI) are among the top REITs to watch. They own and manage properties leased to leading cannabis operators in the U.S. Their financials, dividends, and acquisitions make them attractive investment options. Below is a closer look at these companies.

[Read More] 3 Important Marijuana Stocks Giving Investors Hope

Best Cannabis REITs to Buy Now for Stability and Passive Income

1. Innovative Industrial Properties, Inc. (NYSE: IIPR)
2. NewLake Capital Partners, Inc. (OTC: NLCP)
3. Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI)

Innovative Industrial Properties, Inc. (IIPR)

Innovative Industrial Properties (IIPR) is one of the largest cannabis-focused REITs in the U.S. The company specializes in acquiring and leasing industrial properties to state-licensed cannabis operators. It has a diverse portfolio covering multiple states, including California, Florida, and Pennsylvania. These regions have some of the most established cannabis markets.

As of early 2024, IIPR owns over 100 properties across 19 states. Its tenants include major multi-state operators (MSOs) such as Curaleaf, Trulieve, and Green Thumb Industries. The company follows a sale-leaseback model, allowing cannabis businesses to free up capital while securing long-term leases. This strategy has positioned IIPR as a key player in the sector.

In its latest earnings report, IIPR showed strong revenue growth. For the third quarter of 2023, revenue reached $79.9 million, reflecting a 12% increase year-over-year. The company also reported a net income of $40.8 million, maintaining profitability despite market challenges.

One of IIPR’s main attractions is its dividend payments. The company offers a high-yield dividend, making it appealing to income-focused investors. However, concerns about tenant defaults have impacted its stock price. Some cannabis operators have struggled with cash flow, affecting lease payments.

Despite these challenges, IIPR continues to expand its portfolio. The company remains a leader in cannabis real estate, with solid financials and a growing market presence. Investors watching this stock should consider its stability, dividend returns, and the evolving regulatory landscape.

[Read More] Here Are 2 Top Marijuana Stocks To Know About

NewLake Capital Partners, Inc. (NLCP)

NewLake Capital Partners (NLCP) is a smaller but growing cannabis REIT. It focuses on acquiring retail and industrial properties leased to state-licensed cannabis operators. The company has built a strong presence in Illinois, Massachusetts, and Pennsylvania, which are key cannabis markets in the U.S.

NLCP owns 32 properties across 12 states, supporting both medical and recreational cannabis businesses. Its tenants include top cannabis operators like Cresco Labs, Columbia Care, and Trulieve. The company follows a triple-net lease model, meaning tenants cover property expenses, reducing NLCP’s operational risks. This structure ensures steady rental income and long-term growth potential.

Although smaller than IIPR, NLCP has positioned itself as a reliable REIT with consistent revenue growth. Its strategic property acquisitions and long-term leases offer stability in the cannabis real estate market. As legalization expands, the demand for quality real estate will likely drive NLCP’s growth.

In its most recent financial report, NLCP generated $13.4 million in revenue, marking a 9% year-over-year increase. Net income reached $6.2 million, reflecting solid profitability. The company’s funds from operations (FFO), a key REIT performance metric, also showed improvement.

NLCP pays a quarterly dividend, offering investors consistent returns. Its last report declared a dividend of $0.39 per share, making it an attractive option for income investors. The company maintains a strong balance sheet with low debt, giving it flexibility for future acquisitions.

Looking ahead, NLCP is expected to expand its property portfolio as more states legalize cannabis. The company’s growth strategy and focus on high-quality tenants position it well for long-term success. Investors interested in cannabis real estate should watch NLCP’s developments.

[Read More] Top U.S. Marijuana Penny Stocks to Watch in Q1 2025 for High-Growth Potential

Chicago Atlantic Real Estate Finance, Inc. (REFI)

Chicago Atlantic Real Estate Finance (REFI) is a unique player in the cannabis REIT sector. Unlike traditional REITs, REFI focuses on providing loans and credit facilities to cannabis operators. It helps businesses secure financing for expansion, property acquisitions, and operational needs.

REFI operates in some of the fastest-growing cannabis markets, including Michigan, Florida, and New Jersey. The company’s lending strategy allows it to work with both multi-state operators and independent cannabis businesses. By focusing on debt financing, REFI reduces exposure to property management risks while generating interest income.

The company has structured its investments to minimize default risks. Most of its loans are collateral-backed, ensuring that it can recover assets if borrowers face financial trouble. This approach has helped REFI maintain steady earnings while supporting cannabis industry growth.

In its latest earnings report, REFI posted $14.1 million in revenue, marking a 10% increase year-over-year. Net income came in at $7.2 million, reflecting strong profitability. The company’s loan portfolio continues to grow, with an emphasis on high-credit-quality borrowers.

REFI also offers a strong dividend yield, attracting income-focused investors. The company recently declared a dividend of $0.47 per share, reflecting its commitment to shareholder returns. As demand for cannabis financing increases, REFI is well-positioned to expand its lending activities.

Looking ahead, REFI plans to grow its loan portfolio and expand into new legal cannabis markets. The company’s focus on debt financing gives it a unique advantage in the sector. Investors seeking exposure to cannabis real estate with lower property management risks should consider REFI.

[Read More] 3 Marijuana Stocks That Could Soon Make Investors Big Profits

High-Yield Cannabis REITs to Watch in a Growing Market

The cannabis REIT sector remains a strong investment option despite market volatility. IIPR, NLCP, and REFI each offer unique opportunities for investors. IIPR stands out for its large portfolio and high dividend yield. NLCP is a smaller but growing REIT with a stable rental income. REFI provides financing solutions, reducing traditional REIT risks while maintaining strong earnings.

As cannabis legalization progresses, demand for real estate and financing will continue to grow. These REITs are critical in supporting cannabis businesses while offering investors potential long-term returns. Investors should monitor their financial performance and regulatory developments before making investment decisions.

The post 3 Must-Watch Cannabis REITs for Real Estate Investment in 2025 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry..

<!– (adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: “ca-pub-5707738102681835”, enable_page_level_ads: true }); –>

<!– Click –>

<!– (adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: “ca-pub-5707738102681835”, enable_page_level_ads: true }); –>

<!– Click –>

<!– (adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: “ca-pub-5707738102681835”, enable_page_level_ads: true }); –>

<!– Click –>