UC Asset Limited Partnership has filed with the SEC with the intention to offer a maximum of $5 million preferred shares.
The company is using the filing the highlight a strategy it says has achieved an ROI of 14.4%.
"For example, Players Club Capital stated in January 2025 that 'Cap rates for (cannabis cultivation) properties typically range from 7-10%,'" said Larry Wu, founder of UC Asset. "Based on their numbers, our cannabis property portfolio outperformed the industry average by almost 70%."
"We also researched similar portfolios held by other public companies and concluded that their ROI ranged between 11%-12% during the year 2024, based on our interpretation of their SEC filings," he added. "So, our 14.4% ROI is considerably higher than our peers." However, Wu cautioned that the company may have misinterpreted the filings of other companies, and strongly recommends investors to conduct their own research on this matter.
