Chicago Atlantic BDC (LIEN) reported record Q1 2026 net investment income of $10 million ($0.44/share) and maintained its $0.34 quarterly dividend. The company deployed $93.9 million in new debt, maintaining a low 0.18x leverage ratio compared to the industry average. Management highlighted regulatory tailwinds from cannabis rescheduling, which may improve borrower cash flows, and filed a $500 million shelf registration to enhance liquidity.