WEST PALM BEACH, Fla., June 13, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC” or the “Company”) today announced its dividend for the quarter ending June 30, 2025. The Board of Directors of AFC declared a quarterly dividend of $0.15 per outstanding share of common stock for the quarter ending June 30, 2025. The dividend is payable on July 15, 2025 to the common stockholders of record on June 30, 2025. The Board of Directors evaluates the Company’s Distributable Earnings (as defi ...

WEST PALM BEACH, Fla., June 09, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC”) today announced that it has expanded its senior secured revolving credit facility (“Credit Facility”) to $50 million with an additional $20 million commitment from the facility’s Lead Arranger, an FDIC-insured bank with over $75 billion of assets. AFC intends to use availability under the Credit Facility to fund commitments to existing borrowers, originate and participate in commercial loans to canna ...

Core Viewpoint - Advanced Flower Capital Inc. has renewed its senior secured revolving credit facility to support its financing strategy and operations in the cannabis sector [1][3]. Group 1: Credit Facility Details - The renewed credit facility has a maximum expansion capability of $100 million, with a maturity date set for April 29, 2028, and an interest rate of Prime + 0.50%, with a Prime floor of 6.50% [2]. - The facility will be utilized for funding unfunded commitments to existing borrowers, originating and participating in commercial loans to cannabis operators, and for general corporate purposes [1][2]. Group 2: Company Overview - Advanced Flower Capital Inc. is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S., with loan amounts ranging from $10 million to over $100 million [4]. - The company leverages its management team's extensive network and expertise in credit and cannabis to structure and underwrite loans secured by quality real estate assets, license value, and cash flows [4].

Company Overview - Advanced Flower Capital Inc. (NASDAQ: AFCG) is a leading commercial mortgage REIT that provides institutional loans to state-law compliant cannabis operators in the U.S. [3] - The company originates, structures, underwrites, and manages loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value, and cash flows [3]. - Advanced Flower Capital is based in West Palm Beach, Florida [3]. Financial Results Announcement - The company will release its financial results for the first quarter ended March 31, 2025, on May 14, 2025, before market open [1]. - Management will review the financial results via a webcast at 10:00 am ET on the same day [1]. - A replay of the event will be available one hour after the live presentation [1]. Investor Relations - AFC distributes its earnings releases via its website and email lists, allowing interested parties to sign up for updates [2]. - The Investor Relations contact for the company is Robyn Tannenbaum, reachable at 561-510-2293 or via email [4].