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Chicago Atlantic Real Estate Finance: Cannabis Lender Stuck Between Rock And Hard Place

[ad_1] matt_benoit/iStock via Getty Images Investment Thesis Chicago Atlantic Real Estate Finance (Nasdaq: NASDAQ:REFI) is a mortgage REIT that lends to state-licensed operators in the cannabis industry. On a valuation basis, REFI is trading at 1.1x P/B and yields 9%, which is not terribly attractive. On a more concerning note, […]