AFC Gamma Archives

StaffNovember 8, 2023

The Daily Hit is a recap of the top financial news stories for Nov. 8, 2023. On the Site Ohio Voters Say Yes to Adult-Use Marijuana On Tuesday night, Ohio voters approved Issue 2, a measure to legalize and regulate recreational marijuana for adults statewide. As of 9:35 p.m. ET, the “Yes” vote leads with […]

John SchroyerNovember 8, 2023

Lower interest income during the period drove the revenue decline.

StaffAugust 8, 2023

The Daily Hit is a recap of the top financial news stories for Aug. 8, 2023. On the Site Tilray Leans into Beer in All-Cash Deal Cannabis company Tilray Brands Inc. (Nasdaq: TLRY) (TSX: TLRY) continued to expand its alcohol footprint by acquiring eight beer and beverage brands from Anheuser-Busch (NYSE: BUD) in an all-cash […]

Adam JacksonAugust 8, 2023

The REIT is employing strategies to protect its interests.

John SchroyerJune 26, 2023

Evermore had defaulted on a $15.5 million loan.

Debra BorchardtJune 21, 2023

Maryland-based Temescal Wellness Maryland, better known as Evermore Cannabis is headed to the auction block on Monday June 26, 2023. The company apparently defaulted on a loan from the lenders Ascend Maryland 2 LLC. The assets are being sold as they were used to secure the loan. The assets include: Cannabis cultivation operations 2200 Girard […]

StaffJune 15, 2023

The Daily Hit is a recap of the top financial news stories for June 15, 2023. On the Site New York Regulators Struggle Forward as One Board Member Resigns New York marijuana regulators had an action-packed Thursday morning meeting in which they approved three dozen new retail permits, delayed action on a proposal for cannabis […]

Debra BorchardtJune 15, 2023

AFC expects some additional cash drag as the result of high interest rates.

StaffMay 10, 2023

The Daily Hit is a recap of the top financial news stories for May 10, 2023. On the Site New York Regulators Issue Revised Cannabis Industry Rules New York’s much-awaited revised marijuana industry rules were issued Wednesday by the Office of Cannabis Management, to the delight of stakeholders who immediately began poring over them for significant changes. […]

Debra BorchardtMay 10, 2023

Net income for the first quarter fell 16% from the same period a year ago.