AFC Gamma
About AFC Gamma
AFC Gamma is a NASDAQ-listed cannabis lending REIT providing senior secured loans, mortgage financing, and other real estate capital solutions to established US cannabis operators.
Key Facts
- 1Publicly traded on NASDAQ under AFCG, providing institutional-grade debt capital to the cannabis industry
- 2Has deployed hundreds of millions in cannabis loans with a focus on senior secured positions and strong collateral
Latest News
AFC Gamma Plunges 5.2% as Cannabis REIT Faces Market Pressure
Advanced Flower Capital drops to $2.92 on elevated volume, trading near 52-week lows as cannabis lending REIT confronts sector headwinds.
AFC Gamma Q1 Earnings: Cannabis Lender Faces Margin Pressure
AFCG reports mixed Q1 results as cannabis lending specialist navigates competitive market dynamics and borrower credit concerns.
Frequently Asked Questions
How does AFC Gamma differ from cannabis REITs like IIPR?
AFC Gamma primarily provides debt financing (loans) rather than buying properties; they earn interest income rather than rental income from their cannabis real estate investments.
What types of loans does AFC Gamma offer?
AFC Gamma offers senior secured term loans, revolving credit facilities, and mortgage loans typically ranging from $10M to $100M+ for licensed cannabis operators.
More Cannabis Companies in West Palm Beach
Cannabis Laws
Products
- Senior Secured Loans
- Mortgage Financing
- Real Estate Capital
Specialties
Company Details
- Type
- Distributor
- Founded
- 2020
- Publicly Traded
- Yes
- Ticker
- NASDAQ:AFCG