Seeking Alpha article considers UCASU "stands out" among Cannabis Property stocks
2021年11月1日 - 11:20PM
InvestorsHub NewsWire
November 1, 2021 --
InvestorsHub NewsWire -- via MoneyChatsGroup
UC Asset (OTCQX:
UCASU) "standing out" among a few other public companies
expanding into cannabis-related properties, says an article by a
Seeking Alpha contributor. The article samples the most noticeable
US public companies which have had significant investment in
cannabis properties in the past 2 years, and majority of them have
shown tremendous growth in revenue and profit.
A link to this article is
attached as below:
https://seekingalpha.com/instablog/21922151-bioresearch-alert/5656814-buzzword-is-cannabis-related-real-estate-property-see-why-ucasu-stands-out
The article samples two NYSE
stocks, Innovative Industrial Properties (NYSE:
IIPR) and Power REIT (NYSE:
PW).
Both IIPR and PW has experienced
tremendous Year-over-year revenue growth of over 100%. Share price
of IIPR has grown 1460%, and share price of PW has grown 627%,
since their portfolio expansion into cannabis
property.
UC Asset LP (OTCQX:
UCASU) and NewLake Capital Partners(OTCQX:
NLCP) are the only two OTCQX companies that have announced to
invest in cannabis properties strategy, among the companies sampled
by the article. The article praises UCASU because, even
before its expansion into cannabis properties, its net equity per
share had grown by 20% in the 12-month period ended June 30,
2021.
Most recently, Zack Small-cap
Research set the target price of its stocks at $4.50 per
share.
The same contributor also
reposts a news release on UCASU's most recent partnership with a
number of other public companies to invest into cannabis
properties.
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