Core Points - Advanced Flower Capital Inc. declared a quarterly dividend of $0.15 per share for the quarter ending June 30, 2025, payable on July 15, 2025 [1] - The second quarter dividend was affected by a realized loss related to a loan to Public Company A [2] Company Overview - Advanced Flower Capital Inc. is a commercial mortgage real estate investment trust (REIT) that provides loans to state law compliant cannabis operators in the U.S., with loans ranging from $10 million to over $100 million [3] - The company is based in West Palm Beach, Florida, and leverages a deep network and significant expertise in credit and cannabis to manage its loan portfolio [3] Financial Metrics - The company uses "Distributable Earnings" as a non-GAAP financial measure to evaluate performance, which excludes certain transactions and GAAP adjustments [4][6] - Distributable Earnings is defined as net income excluding stock-based compensation, depreciation, unrealized gains/losses, and other non-cash items [6] - The determination of Distributable Earnings is similar to Core Earnings but includes Incentive Compensation earned during the period [5] Dividend Policy - As a REIT, the company is required to distribute at least 90% of its annual taxable income, which influences its dividend payments [7] - Distributable Earnings is one of the factors considered by the Board of Directors when authorizing dividends, although it is not a direct measure of net taxable income [8]

Core Insights - Advanced Flower Capital Inc. (AFC) has expanded its senior secured revolving credit facility to $50 million, with an additional $20 million commitment from its Lead Arranger, an FDIC-insured bank with over $75 billion in assets [1][2] - The funds from the credit facility will be used to support existing borrowers, originate and participate in commercial loans to cannabis operators, and for general corporate purposes [1] - The credit facility has the potential to be expanded to $100 million, depending on lender participation and available borrowing base [1] 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. [3] - The company specializes in originating, structuring, and underwriting loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value, and cash flows [3] - AFC is based in West Palm Beach, Florida, and leverages a deep network and significant expertise in credit and cannabis to execute its investment strategy [3]

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].