Reports Q1 revenue $12.6M vs. $11.4M last year. Anthony Coniglio, CEO, said, “We are pleased with the performance of our portfolio and financial results during Q1 2024. Our growth in revenue and AFFO year-over-year and sequentially, after deducting one-time adjustments in Q4, are what drove our second consecutive quarterly dividend increase to 41c per share, or $1.64 per share annually. Looking forward, the cannabis industry has much to be excited about following the proposal to reschedule cannabis from Schedule I to Schedule 3, an increase in meaningful dialogue among congressional leaders, and medical to adult-use conversion in Ohio and the Adult-use ballot in Florida.”
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