{"id":420306,"date":"2022-04-07T00:56:05","date_gmt":"2022-04-07T07:56:05","guid":{"rendered":"https:\/\/nai500.com\/?p=420306"},"modified":"2022-04-07T00:56:05","modified_gmt":"2022-04-07T07:56:05","slug":"%e5%ae%89%e5%85%a8%e6%80%a7-%e6%88%90%e9%95%b7%e6%80%a7-%e6%9c%80%e5%a5%bd%e7%9a%84-%e4%b8%89%e9%9a%bb-%e5%a4%a7%e9%ba%bb-%e8%82%a1%e7%a5%a8","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2022\/04\/%e5%ae%89%e5%85%a8%e6%80%a7-%e6%88%90%e9%95%b7%e6%80%a7-%e6%9c%80%e5%a5%bd%e7%9a%84-%e4%b8%89%e9%9a%bb-%e5%a4%a7%e9%ba%bb-%e8%82%a1%e7%a5%a8\/","title":{"rendered":"\u672a\u4f86\u5341\u5e74\u5b89\u5168\u6027\u548c\u6210\u9577\u6027\u6700\u597d\u7684\u4e09\u96bb\u5927\u9ebb\u80a1\u7968"},"content":{"rendered":"<p>\u8207\u5176\u4ed6\u677f\u584a\u7684\u80a1\u7968\u76f8\u6bd4\uff0c\u6295\u8cc7\u5927\u9ebb\u80a1\u7968\u4f3c\u4e4e\u98a8\u96aa\u66f4\u5927\u4e00\u4e9b\u3002\u96d6\u7136\u5927\u9ebb\u5728\u7f8e\u570b\u806f\u90a6\u5c64\u9762\u4ecd\u7136\u662f\u975e\u6cd5\u7684\uff0c\u4f46\u662f\u5408\u6cd5\u5316\u662f\u65e9\u665a\u7684\u4e8b\u60c5\u3002\u6839\u64da\u76ae\u5c24\u7814\u7a76\u4e2d\u5fc3\u53bb\u5e74\u7684\u4e00\u9805\u8abf\u67e5\uff0c\u8d85\u904e90%\u7684\u7f8e\u570b\u4eba\u8a8d\u70ba\u5927\u9ebb\u61c9\u8a72\u5408\u6cd5\u7528\u65bc\u91ab\u7642\u6216\u5a1b\u6a02\u7528\u9014\u3002\u56e0\u6b64\uff0c\u4e0d\u7ba1\u662f\u5169\u5e74\u3001\u56db\u5e74\u9084\u662f\u66f4\u4e45\u4e4b\u5f8c\u624d\u80fd\u5be6\u73fe\u5408\u6cd5\u5316\uff0c\u5728\u9019\u4e00\u9ede\u4e0a\uff0c\u66f4\u591a\u7684\u5c31\u53ea\u662f\u4e00\u500b\u6642\u9593\u554f\u984c\u3002<\/p>\n<p>\u6240\u4ee5\uff0c\u6211\u5011\u624d\u80fd\u653e\u5fc3\u5730\u544a\u8a34\u4f60\uff0c\u6709\u5f88\u591a\u5927\u9ebb\u80a1\u7968\u5728\u672a\u4f86\u5341\u5e74\u53ef\u80fd\u6210\u70ba\u975e\u5e38\u53ef\u9760\u7684\u6295\u8cc7\uff0c\u7562\u7adf\uff0c\u5728\u7f8e\u570b\u806f\u90a6\u5408\u6cd5\u5316\u4e4b\u524d\u8cb7\u5165\u9019\u4e9b\u80a1\u7968\uff0c\u6bd4\u4e4b\u5f8c\u8cb7\u5165\u5c07\u7372\u5f97\u66f4\u5927\u7684\u56de\u5831\u3002\u800c\u7121\u8ad6\u662f\u5f9e\u5b89\u5168\u6027\u9084\u662f\u6210\u9577\u6027\u7684\u89d2\u5ea6\u4f86\u770b\uff0c\u00a0<strong>Innovative Industrial Properties\u00a0<\/strong><strong>(\u00a0<\/strong><strong><a href=\"https:\/\/nai500.com\/zh-hant\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%A9%A2\/?qm_symbol=IIPR\">IIPR<\/a><\/strong><strong>\u00a0<\/strong><strong>)<\/strong>\u3001<strong>Green Thumb Industries\u00a0<\/strong><strong>(\u00a0<\/strong><strong><a href=\"https:\/\/nai500.com\/zh-hant\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%A9%A2\/?qm_symbol=GTBIF\">GTBIF<\/a><\/strong><strong>\u00a0<\/strong><strong>)<\/strong>\u548c<strong>Cresco Labs\u00a0<\/strong><strong>(\u00a0<\/strong><strong><a href=\"https:\/\/nai500.com\/zh-hant\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%A9%A2\/?qm_symbol=CRLBF\">CRLBF<\/a><\/strong><strong>\u00a0)<\/strong>\u9019\u4e09\u96bb\u80a1\u7968\u90fd\u812b\u7a4e\u800c\u51fa\u3002<\/p>\n<h2>1. Innovative Industrial Properties<\/h2>\n<p>\u5c07Innovative Industrial Properties (IIP)\u653e\u5728\u7b2c\u4e00\u500b\u4e0d\u662f\u6c92\u6709\u539f\u56e0\u7684\uff0c\u4f5c\u70ba\u4e00\u96bb\u5927\u9ebb\u884c\u696d\u7684\u623f\u5730\u7522\u6295\u8cc7\u4fe1\u8a17\u57fa\u91d1(REIT)\uff0c\u9019\u53ea\u80a1\u7968\u7684\u98a8\u96aa\u662f\u5f88\u5c0f\u7684\uff0c\u800c\u4e14\u904b\u71df\u72c0\u6cc1\u5f88\u7a69\u56fa\uff0c\u80fd\u5920\u7522\u751f\u5f37\u5927\u800c\u7a69\u5b9a\u7684\u5229\u6f64\u3002<\/p>\n<p>\u672a\u5be6\u73fe\u76c8\u5229\u9019\u500b\u554f\u984c\u5728\u5927\u9ebb\u884c\u696d\u5f88\u666e\u904d\uff0c\u9019\u4e5f\u662f\u6295\u8cc7\u5927\u9ebb\u80a1\u7968\u7684\u98a8\u96aa\u4e4b\u4e00\u3002\u4f46\u662f\u5c0d\u65bcIIP\u9019\u53ea\u80a1\u7968\u4f86\u8aaa\uff0c\u60c5\u6cc1\u4e26\u975e\u5982\u6b64\u3002\u623f\u5730\u7522\u6295\u8cc7\u4fe1\u8a17\u57fa\u91d1\u901a\u5e38\u8981\u6c42\u5c07\u5176\u6536\u5165\u768450%\u6216\u66f4\u591a\u4f5c\u70ba\u5229\u6f64\u3002\u800cIIP\u5728\u77ed\u77ed\u5169\u5e74\u5167\u5176\u92b7\u552e\u984d\u7ffb\u4e86\u5169\u756a\u591a\uff0c\u5f9e2019\u5e74\u76844470\u842c\u7f8e\u5143\u731b\u589e\u81f3\u53bb\u5e74\u76842.046\u5104\u7f8e\u5143\u3002<\/p>\n<p>\u672a\u4f8610\u5e74\uff0c\u8a72\u516c\u53f8\u7684\u696d\u52d9\u53ef\u80fd\u6703\u9032\u5165\u7f8e\u570b\u66f4\u591a\u7684\u5dde\uff0c\u64c1\u6709\u66f4\u5927\u7684\u8cc7\u7522\u7d44\u5408\uff0c\u6536\u5165\u548c\u5229\u6f64\u4e5f\u6703\u66f4\u591a\u30022021\u5e74\uff0cIIP\u6536\u8cfc\u4e8637\u500b\u5927\u9ebb\u7a2e\u690d\u7269\u696d\uff0c\u5305\u62ec\u7f8e\u570b\u8a31\u591a\u6700\u5927\u7684\u5927\u9ebb\u5e02\u5834\uff0c\u52a0\u5229\u798f\u5c3c\u4e9e\u3001\u79d1\u7f85\u62c9\u591a\u3001\u4f5b\u7f85\u91cc\u9054\u3001\u99ac\u85a9\u8af8\u585e\u548c\u5176\u4ed6\u8a31\u591a\u5730\u65b9\u7684\u7269\u696d\u3002\u5118\u7ba1\u80a1\u50f9\u6700\u8fd1\u4e00\u76f4\u5728\u6399\u624e\uff0c\u4f46\u8a72\u516c\u53f8\u5065\u5168\u7684\u8ca1\u52d9\u72c0\u6cc1\u4f7f\u5176\u6210\u70ba\u7576\u4e0b\u6295\u8cc7\u5927\u9ebb\u884c\u696d\u66f4\u5b89\u5168\u7684\u9078\u64c7\u4e4b\u4e00\u3002<\/p>\n<h2>2. Green Thumb Industries<\/h2>\n<p>\u5927\u9ebb\u751f\u7522\u5546Green Thumb Industries\u7684\u7522\u54c1\u7d44\u5408\u4e2d\u64c1\u6709\u5404\u7a2e\u5927\u9ebb\u54c1\u724c\u548c\u7522\u54c1\uff0c\u65e8\u5728\u6eff\u8db3\u4e00\u7cfb\u5217\u6d88\u8cbb\u8005\u7684\u9700\u6c42\u3002\u7121\u8ad6\u662f\u9ad8\u7aef\u793e\u4ea4\u5834\u5408\u4f7f\u7528\u7684\u82b1\u5349\uff0c\u9084\u662f\u53ea\u662f\u5728\u5c0b\u627e\u5927\u9ebb\u4e8c\u915a\u7684\u5065\u5eb7\u548c\u4fdd\u5065\u529f\u6548\uff0c\u8a72\u516c\u53f8\u7684\u7522\u54c1\u90fd\u80fd\u70ba\u6d88\u8cbb\u8005\u63d0\u4f9b\u4e00\u7cfb\u5217\u4e0d\u540c\u7684\u9ad4\u9a57\u3002Green Thumb\u5728\u5168\u7f8e\u670976\u5bb6\u5546\u5e97\uff0c\u7522\u54c1\u5206\u4f48\u572815\u500b\u5dde\u3002<\/p>\n<p>\u4f5c\u70ba\u4e00\u5bb6\u5927\u9ebb\u751f\u7522\u5546\uff0cGreen Thumb\u7684\u5b89\u5168\u6027\u4f86\u81ea\u65bc\u5f37\u5927\u7684\u8ca1\u52d9\u696d\u7e3e\u3002\u53bb\u5e74\uff0c\u8a72\u516c\u53f8\u5831\u544a\u7684\u92b7\u552e\u7e3d\u984d\u70ba8.936\u5104\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957761%\uff0c\u5be6\u73fe\u4e867540\u842c\u7f8e\u5143\u7684\u5229\u6f64\uff0c\u5229\u6f64\u7387\u70ba8.4%\u3002\u96d6\u7136\u8207IIP\u6c92\u6cd5\u6bd4\uff0c\u4f46\u8a72\u884c\u696d\u4efb\u4f55\u985e\u578b\u7684\u6301\u7e8c\u76c8\u5229\u80fd\u529b\u90fd\u662f\u4e0d\u53ef\u5c0f\u89b7\u7684\u3002\u5373\u4f7f\u57282020\u5e74\uff0cGreen Thumb\u4e5f\u5831\u544a\u4e861500\u842c\u7f8e\u5143\u7684\u5fae\u8584\u5229\u6f64\uff0c\u92b7\u552e\u984d\u70ba5.566\u5104\u7f8e\u5143\uff08\u5229\u6f64\u7387\u70ba2.7%\uff09\u3002<\/p>\n<p>\u8a72\u516c\u53f8\u696d\u52d9\u53e6\u4e00\u500b\u6709\u524d\u666f\u7684\u5730\u65b9\u5728\u65bc\uff1a\u4f86\u81ea\u7d93\u71df\u6d3b\u52d5\u7684\u73fe\u91d1\u6d41\u4e00\u76f4\u5728\u589e\u52a0\u3002\u5c0d\u65bc\u6295\u8cc7\u8005\u4f86\u8aaa\uff0c\u9019\u662f\u4e00\u500b\u91cd\u8981\u7684\u8003\u616e\u56e0\u7d20\uff0c\u56e0\u70ba\u4e00\u500b\u6709\u80fd\u529b\u7522\u751f\u5f37\u5927\u73fe\u91d1\u6d41\u7684\u516c\u53f8\u624d\u6709\u53ef\u80fd\u70ba\u5176\u81ea\u8eab\u7684\u767c\u5c55\u63d0\u4f9b\u8cc7\u91d1\uff0c\u800c\u4e0d\u9700\u8981\u4e0d\u65b7\u5730\u767c\u884c\u80a1\u7968\uff0c\u5c0e\u81f4\u73fe\u6709\u80a1\u6771\u7684\u5229\u76ca\u88ab\u7a00\u91cb\u3002<\/p>\n<h2>3. Cresco Labs<\/h2>\n<p data-uw-rm-sr=\"\">Cresco Labs\u4e5f\u662f\u4e00\u5bb6\u5927\u9ebb\u751f\u7522\u5546\uff0c\u8a72\u516c\u53f8\u6700\u8fd1\u5ba3\u4f48\u6b63\u5728\u6536\u8cfc<strong>Columbia Care<\/strong>\uff0c\u9019\u7b46\u4ea4\u6613\u5c07\u4f7f\u5176\u6210\u70ba\u7f8e\u570b\u6700\u5927\u7684\u591a\u5dde\u904b\u71df\u5546\uff0c\u6309\u9810\u4f30\u6536\u5165\u8a08\u7b97\uff0c\u7e3d\u984d\u5c07\u8d85\u904e14\u5104\u7f8e\u5143\u3002\u5408\u4f75\u5f8c\u7684\u516c\u53f8\u5c07\u64c1\u6709\u8d85\u904e130\u5bb6\u96f6\u552e\u5e97\uff0c\u4e26\u5728\u5305\u62ec\u79d1\u7f85\u62c9\u591a\u5dde\u548c\u8cd3\u5915\u6cd5\u5c3c\u4e9e\u5dde\u5728\u5167\u7684\u591a\u500b\u5e02\u5834\u4f54\u64da\u9818\u5148\u7684\u5e02\u5834\u4efd\u984d\u3002<\/p>\n<p>\u9019\u500b\u6230\u7565\u8209\u63aa\u78ba\u4fdd\u4e86\u8a72\u516c\u53f8\u672a\u4f86\u7684\u4e00\u4e9b\u6975\u597d\u7684\u6a5f\u6703\u3002\u96d6\u7136\u9019\u5169\u5bb6\u516c\u53f8\u6839\u64da\u516c\u8a8d\u7684\u6703\u8a08\u539f\u5247\uff08GAAP\uff09\u672a\u5be6\u73fe\u76c8\u5229\uff0c\u4f46\u90fd\u7522\u751f\u4e86\u8abf\u6574\u5f8c\u7684\u606f\u3001\u7a05\u3001\u6298\u820a\u548c\u6524\u92b7\u524d\u6536\u76ca\uff08EBITDA\uff09\u3002\u800c\u4e14\u4e5f\u90fd\u5831\u544a\u4e86\u4ee4\u4eba\u5370\u8c61\u6df1\u523b\u7684\u589e\u9577\uff0c2021\u5e74Cresco\u7684\u92b7\u552e\u984d\u589e\u9577\u4e8673%\uff0c\u9054\u52308.22\u5104\u7f8e\u5143\uff0c\u800cColumbia Care\u7684\u6536\u5165\u589e\u9577\u4e86156%\uff0c\u9054\u52304.601\u5104\u7f8e\u5143\u3002<\/p>\n<p>\u5373\u4f7f\u6c92\u6709\u9019\u7b46\u4ea4\u6613\uff0cCresco\u672c\u8eab\u4ecd\u7136\u662f\u4e00\u9805\u6709\u5438\u5f15\u529b\u7684\u6295\u8cc7\uff0c\u56e0\u70ba\u5176\u5927\u9ebb\u696d\u52d9\u975e\u5e38\u5065\u5168\uff0c\u5831\u544a\u7684\u6bdb\u5229\u7387\u7d04\u70ba50%\u3002\u8a72\u516c\u53f8\u5728\u7b2c\u56db\u5b63\u5ea6\u9084\u516c\u4f48\u4e86\u5275\u7d00\u9304\u76843800\u842c\u7f8e\u5143\u7684\u7d93\u71df\u6d3b\u52d5\u73fe\u91d1\u6d41\u3002\u96d6\u7136\u9084\u6c92\u6709\u76c8\u5229\uff0c\u4f46\u6211\u5011\u76f8\u4fe1\uff0c\u5728\u56b4\u683c\u7684\u8ca1\u52d9\u7d00\u5f8b\u548c\u5408\u7406\u7684\u6295\u8cc7\u6c7a\u7b56\u4e0b\uff0cCresco\u5c07\u5728\u4e0b\u4e00\u500b\u5341\u5e74\u7e7c\u7e8c\u4fdd\u6301\u5168\u7f8e\u9802\u7d1a\u5927\u9ebb\u80a1\u7684\u5730\u4f4d\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u8207\u5176\u4ed6\u677f\u584a\u7684\u80a1\u7968\u76f8\u6bd4\uff0c\u6295\u8cc7\u5927\u9ebb\u80a1\u7968\u4f3c\u4e4e\u98a8\u96aa\u66f4\u5927\u4e00\u4e9b\u3002\u96d6\u7136\u5927\u9ebb\u5728\u7f8e\u570b\u806f\u90a6\u5c64\u9762\u4ecd\u7136\u662f\u975e\u6cd5\u7684\uff0c\u4f46\u662f\u5408\u6cd5\u5316\u662f\u65e9\u665a\u7684\u4e8b\u60c5 [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":406008,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426,1522],"tags":[],"class_list":["post-420306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","category-1522","sectors--zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant","exchange-otcqx-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/420306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=420306"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/420306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/406008"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=420306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=420306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=420306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}