NewLake Capital Partners, Inc. announced the appointment of Dina Rollman to its Board of Directors, effective immediately. Ms. Rollman brings extensive experience in legal and regulatory affairs within the cannabis industry, having served as Senior Vice President for Government Affairs at Green Thumb Industries (GTI) and playing a key role in GTI’s license expansion and IPO.
This board expansion to eight members is part of a planned transition, anticipating the retirement of Mr. Peter Kadens, who has served on the Board since 2019 and will not seek re-election at the Annual Meeting of Stockholders in June 2025. Ms. Rollman's expertise is expected to be crucial in navigating the evolving regulatory landscape for the cannabis industry.
In conjunction with the board appointment, NewLake's Board of Directors declared a fourth-quarter 2024 cash dividend of $0.43 per share of common stock. This dividend is equivalent to an annualized dividend of $1.72 per common share and is payable on January 15, 2025, to stockholders of record as of December 31, 2024.
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