ligora/iStock via Getty Images Introduction As explained in a previous article, the business model of Gladstone Land (NASDAQ:LAND) is very straightforward: the REIT owns farmland and leases it to farmers. It is not exposed to successful or disappointing harvests other than the impact it has on the tenants. At the end of 2023, Gladstone Land owned almost 112,000 acres across 168 farms in 15 states. I am still very interested in the REIT’s preferred shares and I am particularly intrigued by the value proposit ...