Making Money In Weed: Three Cannabis Operators Get Millions To Expand In Florida, Missouri & Georgia
Portfolio Pulse from Jelena Martinovic
AFC Gamma, Inc. has expanded its credit facilities for cannabis operators in Georgia, Missouri, and Florida, committing millions to support their growth. This includes a new facility for Private Company Q and expansions for BeLeaf Medical and Sunburn Cannabis.
August 19, 2024 | 1:51 pm
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AFC Gamma, Inc. has expanded its credit facilities, committing $11 million to Private Company Q, $5.5 million to BeLeaf Medical, and $1.8 million to Sunburn Cannabis. This expansion supports growth in the cannabis sector across Georgia, Missouri, and Florida.
AFC Gamma's expansion of credit facilities indicates a strategic move to strengthen its position in the cannabis industry. The financial commitment to multiple operators suggests confidence in the sector's growth potential, likely leading to positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100