Tag: AFC Gamma

Avatar photoStaffMarch 7, 2023
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BusinessDaily Hit

Daily Hit: March 7, 2023

4min00
The Daily Hit is a recap of the top financial news stories for March 7, 2023. On the Site Illinois Out-of-State Cannabis Sales Drop as New Missouri Market Proves Itself Illinois saw its lowest number of out-of-state cannabis purchases since February 2021 – and Missouri’s new adult-use program could be behind the drop. Total recreational […]
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Avatar photoStaffNovember 8, 2022
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BusinessDaily Hit

The Daily Hit: November 8, 2022

4min00
The Daily Hit is a recap of cannabis business news for Nov. 8, 2022. ON THE SITE Planet 13 Picks Waukegan Over Chicago Las Vegas-based cannabis company Planet 13 has decided to open its Illinois retail shop in Waukegan. Planet 13 partnered with Chicago-area social equity applicant Frank Cowan to win one of 185 new retail licenses […]
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Avatar photoStaffMay 10, 2022
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BusinessPublic

AFC Gamma Delivers Steady Growth In First Quarter

3min00
AFC Gamma, Inc. (NASDAQ: AFCG)  announced its results for the first quarter of 2022 with a net income of $10.2 million or $0.53 per basic weighted average share of common stock. The total net interest income was $16.9 million, an increase of $12.3 million, or 261%, compared to last year. This just beat the Yahoo Finance average […]
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Avatar photoStaffApril 21, 2022
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Business

Bloom Medicinals Gets $82 Million Credit From AFC Gamma

3min00
AFC Gamma, Inc. (NASDAQ: AFCG) has provided a senior secured credit facility of up to $82.5 million to Bloom Medicinals Holding Company, a privately held multi-state cannabis operator with licenses in Missouri, New Jersey, and Ohio. Bloom said it plans to use the money from the new credit facility to repay existing debt, fund expansion […]
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Avatar photoStaffMarch 28, 2022
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Business

Women’s Month Spotlight: AFC Gamma

9min00
AFC GAMMA ROBYN TANNENBAUM – PARTNER, HEAD OF ORIGINATION AND INVESTOR RELATIONS, AFC GAMMA (NASDAQ: AFCG) Mrs. Tannenbaum has over 7 years’ experience focusing on mergers and acquisitions and leveraged loans to healthcare companies. Additionally, she has 5 years of experience as an investor relations professional within the finance industry. Mrs. Tannenbaum formerly served as […]
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Avatar photoDebra BorchardtMarch 10, 2022
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Business

AFC Gamma Continues To Grow Portfolio

2min00
AFC Gamma Inc. (NASDAQ:AFCG) announced its results for the fourth quarter and year-ended December 31, 2021. In the fourth quarter, AFC reported net income of $7.0 million or $0.43 per basic weighted average share of common stock. The company reported total expenses of $4.5 million, an increase of $0.6 million, or 16.5%, compared to the […]
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Avatar photoDebra BorchardtOctober 4, 2021
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Business

AFC Gamma Extends Credit To Justice Cannabis

4min00
Cannabis real estate lender AFC Gamma, Inc. (NASDAQ: AFCG) said that it has expanded its senior credit facility by $53.4 million, to $75.4 million in total commitments to Chicago-based Justice Cannabis Co., a multi-state operator with licenses in eight states. Justice Cannabis will use the money to make acquisitions and develop its operations in New […]
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis

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