Advanced Flower Capital Inc. AFCG

Company Overview

Advanced Flower Capital Inc. (Nasdaq: AFCG), formerly known as AFC Gamma, Inc., is a commercial mortgage real estate investment trust (REIT) focused primarily on originating, structuring, underwriting, and managing senior secured loans to companies operating in the regulated cannabis industry. The company operates within specialty finance, commercial real estate lending, and alternative credit markets, with a concentration on state-law compliant cannabis operators in the United States. AFCG’s primary revenue drivers are interest income from loans, origination fees, and other financing-related income tied to its credit portfolio.

The company was established in 2020 and completed its public listing in 2021. AFCG developed its business model to address the limited availability of institutional capital for cannabis operators due to federal banking and regulatory restrictions in the United States. Its strategic positioning has centered on providing institutional-scale credit solutions to established cannabis operators with real estate, licenses, and cash-flow-generating assets that can serve as collateral. The company has emphasized senior secured lending structures and risk-adjusted returns as core differentiators within the cannabis finance sector.