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News Stories (12 Results) - AFC Gamma

AFC Gamma provided a senior secured credit facility to Grön Holdings Inc., one of North America’s largest producers of adult-use cannabis-infused edibles. Grön intends to use the proceeds from the new credit facility to expand its business into new... Read Story
May 24, 2024, 07:58 AM


AFC Gamma provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis (“Sunburn”), a private, vertically integrated, single-state... Read Story
March 29, 2024, 07:39 AM


AFC Gamma provided a senior secured credit facility of up to $82.5 million to Bloom Medicinals Holding Company and certain of its affiliates (“Bloom”), a privately held multi-state cannabis operator with licenses in Missouri, New Jersey and Ohio.... Read Story
April 22, 2022, 07:40 AM


AFC Gamma expanded its senior credit facilities with three different borrowers: Verano Holdings Corp., a leading multi-state operator with active operations in 12 states, including 12 production facilities; Devi Holdings Inc., doing business as... Read Story
March 08, 2022, 07:30 AM


Acreage Holdings, a vertically integrated, multi-state operator of cannabis ‎cultivation and retail facilities in the U.S., has secured a $150 million credit facility with AFC Gamma and Viridescent Realty Trust. Under the terms of the Credit Facility... Read Story
December 17, 2021, 07:46 AM


Verano Holdings, a leading multi-state cannabis company, entered into an amendment to its existing credit agreement for additional funding of US$120 million with an 18-month maturity. The amendment brings the total outstanding senior secured term... Read Story
October 21, 2021, 07:35 AM


AFC Gamma expanded its senior credit facility by $53.4 million, to $75.4 million in total commitments to Justice Cannabis Co., a Chicago-based multi-state operator with licenses in eight states. The credit facility expansion is designed to provide... Read Story
October 05, 2021, 07:50 AM


AFC Gamma expanded its senior credit facility by $30 million to Devi Holdings Inc., doing business as Nature’s Medicines, a multi-state operator headquartered in Phoenix, Arizona. The credit facility is designed to provide Nature’s Medicines with... Read Story
September 15, 2021, 07:40 AM


AFC Gamma provided a credit facility of $23 million to BeLeaf Medical (“BeLeaf”), a single-state Missouri operator. The credit facility is designed to provide BeLeaf with the capital necessary to expand its three Missouri cultivation facilities in... Read Story
September 01, 2021, 07:52 AM


AFC Gamma provided a credit facility of $19.75 million to DMA Holdings MA, LLC (“DMA”), a single-state Massachusetts operator. The credit facility is designed to provide DMA with the capital necessary to purchase and expand its Tier 6 cultivation... Read Story
August 26, 2021, 07:42 AM


AFC Gamma provided a credit facility of $22 million to Justice Cannabis Co., a Chicago-based multi-state operator with licenses in eight states. The credit facility is designed to provide Justice Cannabis Co. with the capital necessary to purchase... Read Story
May 07, 2021, 08:08 AM


AFC Gamma provided a credit facility of $13 million to a Missouri medical cannabis operator. The credit facility is designed to provide capital to allow the Borrower to build out its cultivation and dispensary operations in the state of... Read Story
April 30, 2021, 07:20 AM