Chicago Atlantic Real Estate Finance

REFI

Market cap $273M

The December Dividend Power list identifies 35 high-yield stocks, with 14 offering 'safer' dividends backed by free cash flow yields exceeding dividend yields. Top actionable picks include Annaly Capital, Barings BDC, Noah Holdings, Blue Owl Capital, and SLR Investment, all meeting the dogcatcher ideal for safety and value. Analyst projections estimate average net gains of 38.75% for the top ten Dividend Power stocks by December 2026, with risk profiles generally below market average.

Ancillary cannabis companies remain a fascinating part of the industry because they help it operate without touching the plant. These companies supply real estate, financing, or essential services. Because of that, they often face fewer regulatory challenges than actual producers. The U.S. cannabis market keeps expanding. New recreational states continue opening doors. But the pace has definitely slowed in 2025. Even so, most analysts still expect continued long-term growth. That outlook keeps investors looking for stable ways to participate.

The push for better cannabis reform is and seems to be an ongoing battle. Now, from the time the first state legalized cannabis, there has been tremendous growth and opportunity. This led other states and global regions to take action and build an entire cannabis industry. This has allowed investors to enter the space and find cannabis companies that are publicly traded. Investing in top marijuana stocks is the quickest way to get involved from the sidelines.

The ancillary cannabis sector continues to draw new interest as the industry navigates a shifting landscape in late 2025. Many investors remain cautious about traditional plant-touching companies because they still face heavy tax burdens, banking restrictions, and regulatory uncertainty. However, ancillary operators avoid many of these challenges. They support the cannabis market through real estate, financing, and essential infrastructure rather than handling the product directly. Consequently, these companies often show steadier revenues, stronger margins, and healthier long-term fundamentals than some retailers or cultivators.

Of 35 November Dividend Power Dogs, 12 are recommended for "safer" dividends, with free-cash-flow-yields exceeding dividend-yields, and returns from $1,000 invested equaling-or-exceeding share-price, making them ideal buys. Analyst forecasts project average net gains of 36.78% for the top ten DiviPower stocks by November 2026, with strong upside potential in select financials. Caution is advised for stocks with negative free cash flow margins, as 18 of 35 are considered cash-poor and riskier for dividend sustainability.

The continuous evolution and future outlook on legal cannabis is what keeps investors in the game. After a long battle to see any true stable trading momentum, it has for some time worked the same for most marijuana stocks. It often comes from positive news on federal reform or when a company achieves a significant milestone in business or reports strong financial results.

Chicago Atlantic Real Estate Finance, Inc. ( REFI ) Q3 2025 Earnings Call November 4, 2025 9:00 AM EST Company Participants Peter Sack - Co-CEO & Director of Chicago Atlantic REIT Manager, LLC David Kite - Chief Operating Officer of Chicago Atlantic REIT Manager, LLC Phillip Silverman - CFO, Company Secretary, Treasurer & Controller Conference Call Participants Harry Sullivan - SCR Partners, LLC Aaron Grey - Alliance Global Partners, Research Division Christopher Muller - Citizens JMP Securities, LLC, Research Division Pablo Zuanic - Zuanic & Associates Presentation Operator Good day, and welcome to the Chicago Atlantic Real Estate Finance, Inc. Third Quarter 2025 Earnings Call. [Operator Instructions] Please note that today's event is being recorded.

Chicago Atlantic Real Estate Finance, Inc. (REFI) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.56 per share a year ago.

Thirteen of 35 October Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on high earnings yield and high dividend yield, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for the top ten DiviPower stocks by October 2026, with potential net gains ranging from 36% to 190.33%.