Delivering Returns As The Cannabis Market Tanks: What Wall St Won’t Tell You About Chicago Atlantic Real Estate’s Growth
Chicago Atlantic Real Estate Finance (NASDAQ:REFI) has emerged as a stable investment in the volatile U.S. cannabis sector, delivering returns even as the market faces turbulence. This strategic resilience is underscored in the latest equity research by Pablo Zuanic of Zuanic and Associates.
Financial Highlights
In the second quarter of 2024, REFI’s loan book grew to $382 million, achieving an 8% compound annual growth rate over 24 months. Despite broader market downturns, REFI’s stock exhibited minimal decline, contrasting sharply with the 13.4% drop in the MSOS ETF, demonstrating its robust market position.
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