Seeking Alpha article considers UCASU "stands out" among Cannabis Property stocks

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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