Advanced Flower Capital Inc. - Common Stock (AFCG)
5.8300
+0.3900 (7.17%)
NASDAQ · Last Trade: May 3rd, 8:23 AM EDT
Detailed Quote
Previous Close
5.440
Open
5.500
Bid
5.350
Ask
5.900
Day's Range
5.480 - 5.870
52 Week Range
4.340 - 10.88
Volume
165,217
Market Cap
-
PE Ratio (TTM)
-
EPS (TTM)
-
Dividend & Yield
1.320 (22.64%)
1 Month Average Volume
203,767
Chart
About Advanced Flower Capital Inc. - Common Stock (AFCG)
Advanced Flower Capital Inc is a company that focuses on the investment and cultivation of premium cannabis products. It engages in providing financial support to various cannabis operations and cultivators, enabling them to enhance their production capabilities and expand their market reach. The firm aims to leverage its expertise in the cannabis industry to deliver innovative solutions and sustainable growth for its portfolio companies while adhering to regulatory standards. By prioritizing quality and responsible practices, Advanced Flower Capital is committed to advancing the cannabis market and contributing to its maturation as a legitimate sector. Read More
WEST PALM BEACH, Fla., May 02, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (NASDAQ: AFCG) (“AFC”) today announced that it has renewed its senior secured revolving credit facility (“Credit Facility”) with a lead commitment from an FDIC-insured bank with over $75 billion of assets. AFC intends to use availability under the Credit Facility to fund unfunded commitments to existing borrowers, to originate and participate in commercial loans to cannabis operators in line with its investment strategy, and for working capital and other general corporate purposes.
WEST PALM BEACH, Fla., April 15, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (NASDAQ: AFCG) (“AFC”) today announced that it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14th, 2025 before market open. Management will review AFC’s financial results at 10:00 am ET via webcast available on the Investor Relations website at AFC – Investor Relations. Participants are also invited to access the conference call by registering in advance at this link. A replay will be available one hour after the event.
Fourth quarter 2024 GAAP net loss of $(1.0) million or $(0.05) per basic weighted average common share and Distributable Earnings¹ of $6.3 million or $0.29 per basic weighted average common share
WEST PALM BEACH, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq: AFCG) (“AFC”) today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025 before market open. Management will review AFC’s financial results at 10:00 am ET via webcast available on the Investor Relations website at investors.advancedflowercapital.com. Participants are also invited to access the conference call by registering in advance at this link. A replay will be available one hour after the event.
Advanced Flower Capital (AFCG) is a microcap mortgage REIT, that focuses on the cannabis industry. The company paid a $0.10 per share special dividend in 2024.
WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending December 31, 2024.
Third quarter 2024 GAAP net income of $1.4 million or $0.06 per basic weighted average common share and Distributable Earnings(1) of $7.2 million or $0.35 per basic weighted average common share
AFC Gamma will report earnings for the quarter ended Sept. 30, 2024 on Wednesday, Nov. 13, 2024.The company will host a conference call to discuss its quarterly financial results at 10:00 am Eastern Time, the same day.Ascend Wellness will hold a conference call on Nov. 12, at 8:30 am ET following the release of its third quarter 2024 financial results.
WEST PALM BEACH, Fla., Oct. 14, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq:AFCG) (“Advanced Flower Capital” or “AFC”) today announced that it plans to report earnings for the quarter ended September 30, 2024 on Wednesday, November 13, 2024.
AFC Gamma, Inc. (NASDAQ: AFCG) announced on Monday that it has committed and funded $41 million to a senior secured credit facility a vertically integrated cannabis operator in Maryland.The West Palm Beach, Florida-based company's move represents its second transaction with Story of Maryland, LLC.Daniel Neville, CEO of AFC said that the company hasexceeded its 2024 goal of $100 million in new originations. He called Story MD "a great example of the Cannabis 3.0 lending opportunities."
WEST PALM BEACH, Fla., Sept. 13, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending September 30, 2024.
