Cannabis Earnings Update: Marijuana Lenders And Top Operator To Report Results, Here's What Investors Need To Know

Chicago Atlantic

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) will issue its earnings and supplemental financial information for the third quarter that ended Sept. 30, 2024, before the market opens on Thursday, Nov. 7.

The Chicago-based and cannabis-focused commercial mortgage real estate investment trust said a conference call and live audio webcast, both open for the general public, will be held later that day at 9:00 am Eastern Time.

The company’s portfolio performance remained strong with a total loan principal outstanding of $383.3 million across 31 investments, Chicago Atlantic said in August, on the heels of its second quarter financial results. Also, the weighted average yield to maturity as of June 30, 2024, was approximately 18.7%, a slight decrease from 19.4% as of March 31, 2024, attributed to amendments in borrower performance and pricing structures.

Chicago Atlantic's shares traded 0.06% higher at $15.79 at the time of writing on Thursday morning.

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