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Upturn AI SWOT - About
LIEN 
Chicago Atlantic BDC, Inc. (LIEN)
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Upturn Advisory Summary
10/31/2025: LIEN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $11
1 Year Target Price $11
| 0 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 3.29% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/31/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 233.11M USD | Price to earnings Ratio 7.57 | 1Y Target Price 11 |
Price to earnings Ratio 7.57 | 1Y Target Price 11 | ||
Volume (30-day avg) 1 | Beta 0.23 | 52 Weeks Range 9.11 - 11.77 | Updated Date 11/1/2025 |
52 Weeks Range 9.11 - 11.77 | Updated Date 11/1/2025 | ||
Dividends yield (FY) 12.33% | Basic EPS (TTM) 1.35 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 58.81% | Operating Margin (TTM) 54.85% |
Management Effectiveness
Return on Assets (TTM) 7.52% | Return on Equity (TTM) 12.44% |
Valuation
Trailing PE 7.57 | Forward PE 6.85 | Enterprise Value 219282976 | Price to Sales(TTM) 5.71 |
Enterprise Value 219282976 | Price to Sales(TTM) 5.71 | ||
Enterprise Value to Revenue 7.72 | Enterprise Value to EBITDA - | Shares Outstanding 22820590 | Shares Floating - |
Shares Outstanding 22820590 | Shares Floating - | ||
Percent Insiders 0.46 | Percent Institutions 27.49 |
Upturn AI SWOT
Chicago Atlantic BDC, Inc.
Company Overview
History and Background
Chicago Atlantic BDC, Inc. was founded in 2018, focusing on providing capital solutions to the cannabis industry. It completed its IPO in 2021. The company has expanded its investment portfolio and deal sourcing capabilities since inception.
Core Business Areas
- Cannabis Lending: Provides secured loans to state-licensed cannabis operators, including cultivators, processors, and retailers.
- Real Estate Lending: Offers financing for cannabis-related real estate projects.
Leadership and Structure
The leadership team includes John Mazarakis (Chairman & CEO) and Phil Goldberg (President & CIO). The company operates as a publicly traded business development company (BDC) with an external management structure.
Top Products and Market Share
Key Offerings
- Senior Secured Loans: Chicago Atlantic provides senior secured loans to cannabis companies. While exact market share data is difficult to pinpoint due to the fragmented nature of the cannabis lending market, they are a significant player. Competitors include AFC Gamma and Innovative Industrial Properties (IIPR) although IIPR focuses solely on real estate.
Market Dynamics
Industry Overview
The cannabis industry is a rapidly growing market, though it faces regulatory challenges and volatility. There's a significant need for capital due to limited access to traditional banking services.
Positioning
Chicago Atlantic is positioned as a specialized lender within the cannabis industry, focusing on secured lending to established operators. Their competitive advantage lies in their deep industry expertise and experience navigating the regulatory landscape.
Total Addressable Market (TAM)
Estimates vary widely, but the US cannabis market is projected to reach tens of billions of dollars annually. Chicago Atlantic is positioned to capture a portion of the debt financing needs of cannabis operators. TAM in terms of lending specifically is estimated to be over $10 billion.
Upturn SWOT Analysis
Strengths
- Specialized industry expertise
- Secured lending strategy
- Experienced management team
- High dividend yield
- Strong loan portfolio performance
Weaknesses
- Concentration in a single industry (cannabis)
- Regulatory risk associated with cannabis
- External management structure
- Relatively short operating history
Opportunities
- Expansion into new cannabis markets
- Increased demand for capital in the cannabis industry
- Potential for regulatory reform
- Diversification of loan portfolio
Threats
- Increased competition in cannabis lending
- Changes in cannabis regulations
- Economic downturn affecting cannabis businesses
- Default risk on loans
- Cannabis price volatility
Competitors and Market Share
Key Competitors
- AFC Gamma (AFCG)
- Innovative Industrial Properties (IIPR)
- NewLake Capital Partners, Inc. (NLCP)
Competitive Landscape
Chicago Atlantic competes primarily on its industry expertise, relationship-based lending approach, and ability to provide flexible financing solutions.
Growth Trajectory and Initiatives
Historical Growth: Chicago Atlantic has experienced rapid growth since its inception, driven by increasing demand for capital in the cannabis industry.
Future Projections: Future projections depend on analyst estimates and the growth of the cannabis market.
Recent Initiatives: Recent initiatives include expansion into new states and diversification of loan products.
Summary
Chicago Atlantic is a specialized lender focused on the cannabis industry, offering high-yield loans secured by real estate and other assets. Its expertise in the cannabis market and secured lending strategy are strengths. However, its concentration in a single industry and regulatory risks require careful monitoring. The company has high growth potential but also faces increasing competition.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Investor Presentations
- Industry Reports
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. Market data is based on estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Chicago Atlantic BDC, Inc.
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2022-02-04 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website | ||
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.
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