Advanced Flower Capital Inc. is a commercial mortgage real estate investment trust (REIT) that provides institutional loans to state-law compliant cannabis operators in the United States. It originates, structures, underwrites and manages loans ranging from $10 million to over $100 million, secured by real estate assets, license value and cash flows. It provides capital support across cultivation, processing, and distribution. Its objective is to provide risk-adjusted returns over time through cash distributions and capital appreciation primarily by providing loans to real estate developers and state-law compliant cannabis companies. The loans it originates are primarily structured as senior loans secured by real estate, equipment, cashflows and the value associated with licenses (where applicable) and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. It is externally managed by AFC Management, LLC.
Ticker SymbolAFCG
Company nameAdvanced Flower Capital Inc
IPO dateFeb 11, 2021
CEOMr. Daniel (Dan) Neville
Number of employees- -
Security typeOrdinary Share
Fiscal year-endFeb 11
Address477 S. Rosemary Ave., Suite 301
CityWEST PALM BEACH
Stock exchangeNASDAQ Global Market Consolidated
CountryUnited States of America
Postal code33401
Phone15615102390
Websitehttps://advancedflowercapital.com/
Ticker SymbolAFCG
IPO dateFeb 11, 2021
CEOMr. Daniel (Dan) Neville
A total of
138.53M
USD has been distributed in dividends over the past 5 years.
AFCG.NB Final Cash Dividend of gross USD 0.33 paid on Jan 15, 2025 going ex on Dec 31, 2024
AFCG.NB Interim Cash Dividend of gross USD 0.33 paid on Oct 15, 2024 going ex on Sep 30, 2024
AFCG.NB Interim Cash Dividend of gross USD 0.48 paid on Jul 15, 2024 going ex on Jun 24, 2024
AFCG.NB Interim Cash Dividend of gross USD 0.48 paid on Apr 15, 2024 going ex on Mar 27, 2024
AFCG.NB Final Cash Dividend of gross USD 0.48 paid on Jan 12, 2024 going ex on Dec 28, 2023
AFCG.NB Interim Cash Dividend of gross USD 0.48 paid on Oct 13, 2023 going ex on Sep 28, 2023
AFCG.NB Interim Cash Dividend of gross USD 0.48 paid on Jul 14, 2023 going ex on Jun 29, 2023
AFCG.NB Interim Cash Dividend of gross USD 0.56 paid on Apr 14, 2023 going ex on Mar 30, 2023
AFCG.NB Final Cash Dividend of gross USD 0.56 paid on Jan 13, 2023 going ex on Dec 29, 2022
AFCG.NB Interim Cash Dividend of gross USD 0.56 paid on Oct 14, 2022 going ex on Sep 29, 2022
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