AFC Gamma

AFC Gamma, Inc. provides commercial real estate finance services. It primarily engages in originating, structuring, underwriting and managing senior secured loans and other types of loans for established companies operating in the cannabis industry in states. The company was founded by Leonard Mark Tannenbaum on July 6, 2020 and is headquartered in West Palm Beach, FL.

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AFC Gamma reports solid Q4 earnings, diversifies into real estate

AFC Gamma delivered strong financial performance in Q4 2022, maintaining a robust balance sheet and prudent dividend policy.
The company's strategic shift towards non-cannabis commercial real estate financing signals a proactive approach to diversification and growth.
While facing challenges in finding suitable cannabis investments and credit risks, AFC Gamma's focus on balanced asset allocation and high yields presents opportunities for sustained success.
Investors should monitor AFC Gamma's progress in executing its new investment strategy and achieving the envisioned balance between cannabis and non-cannabis assets.

AFC Gamma reports solid Q1 earnings amidst cannabis market growth

AFC Gamma's Q1 2023 performance showcased strong distributable earnings, a conservative capital strategy, and positive market trends in key states. The company's focus on diversified revenue streams, strong balance sheet, and commitment to shareholder returns position it well for future growth. While facing industry challenges and economic uncertainties, AFC Gamma has opportunities to capitalize on market trends and expand its market presence.

AFC Gamma reports strong Q2 earnings, eyes noncannabis real estate lending

AFC Gamma delivered solid financial results, maintained a strong balance sheet, and demonstrated prudent capital deployment. Challenges with certain borrowers highlight the importance of active portfolio management and diversification. The company's focus on noncannabis real estate lending presents a promising avenue for growth.

AFC Gamma appoints new CEO, reports strong Q3 earnings

AFC Gamma's Q3 performance reflects solid distributable earnings, strategic investments in the cannabis sector, and a robust balance sheet.
The company's strengths include consistent dividend payouts, focus on quality operators, and successful CEO transition.
Challenges include market dynamics and regulatory uncertainties, while opportunities exist in leveraging the strong balance sheet and exploring growth avenues.
Overall, AFC Gamma's earnings call highlights a mix of performance, strengths, challenges, and opportunities in the evolving cannabis industry.

AFC Gamma reports strong Q4 earnings, eyes cannabis industry growth

AFC Gamma delivered strong financial performance in Q4 2023, driven by robust net interest income and distributable earnings, supported by a solid portfolio and strategic initiatives.
While facing challenges in the cannabis lending sector and asset optimization, AFC's strengths lie in its diversified loan portfolio, strategic agility, and strong balance sheet.
Opportunities exist for AFC to capitalize on the cannabis industry growth, optimize assets, and enhance risk management practices to drive sustainable long-term value creation.
Investors should note AFC's performance, strengths, challenges, and opportunities to assess the company's position in the market and potential for future growth and returns.

AFC Gamma reports robust Q1 earnings, eyes cannabis industry growth

AFC Gamma's Q1 2024 Earnings Call highlighted strong financial performance, operational efficiency, and strategic growth initiatives. While facing challenges like GAAP net loss and regulatory uncertainties, the company is well-positioned to capitalize on growth opportunities in the cannabis and real estate sectors.

AFC Gamma reports robust Q2 earnings amidst cannabis market optimism

AFC Gamma (AFCG) delivered strong financial results in Q2 2024, driven by robust performance in cannabis lending and strategic portfolio management.
While facing challenges in a dynamic industry landscape, AFC's focus on high yields and prudent risk management remains key to sustained success.
Opportunities for growth lie in market expansions and industry trends, positioning AFC to capitalize on the evolving cannabis market.

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Advanced Flower Capital, Inc. provides commercial real estate finance services. It primarily engages in originating, structuring, underwriting and managing senior secured loans and other types of loans for established companies operating in the cannabis industry in states. The company was founded by Leonard Mark Tannenbaum on July 6, 2020 and is headquartered in West Palm Beach, FL.

WEST PALM BEACH, Fla., Oct. 18, 2023 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that it plans to report earnings for the quarter ended September 30, 2023 on Wednesday, November 8, 2023.

AFC Gamma, Inc. Schedules Third Quarter 2023 Earnings Conference Call for November 8, 2023

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Tilray Brands

Cannabis stocks may be one of the most controversial trades on the market. But it could also turn out to be one of the most profitable.

Green Gold Rush: Top 7 Cannabis Stocks Primed for Explosive Growth

As the cannabis market develops and grows,  investors increasingly seek opportunities to benefit from its development potential. Generally speaking, Real Estate Investment Trusts (REITs) specializing in cannabis properties offer one possible route for long-term investment in this developing industry. In addition, these cannabis-focused REITs present a special chance to benefit from possible high dividend yields while participating in the sector's expansion. Overall, we'll look at some of the top cannabis REITs that have been attracting the interest of investors looking for a dependable and potentially profitable entry point into the burgeoning cannabis business in this post.

Top Cannabis REITs: Secure Your Long-Term Portfolio with Dividends for October 2023

AFC Gamma's distributable earnings were only 1 cent above its recently rightsized quarterly dividend. The cannabis lender's portfolio is highly concentrated in just thirteen companies, with Acreage being its largest borrower. A continued decline in distributable earnings could see the current dividend rightsized again.

AFC Gamma: Top Borrower Acreage Fades, Distributable Earnings Dip

As the calendar turns to September, investors seeking long-term gains and high dividend yields are turning to the expanding cannabis business. In general, with global marijuana legalization on the upswing, now is an excellent time to investigate the top marijuana Real Estate Investment Trusts (REITs) to add to your watchlist.

September 2023's Top Cannabis REITs with Attractive Dividend Yields

Allot Communications

Civista Bancshares

AFCG, ALLT and CIVB have been added to the Zacks Rank #5 (Strong Sell) List on September 20, 2023.

New Strong Sell Stocks for September 20th

Declares $0.48 dividend per share for the quarter ending September 30, 2023 Declares $0.48 dividend per share for the quarter ending September 30, 2023

AFC Gamma Announces Third Quarter Dividend

The cannabis sector in the United States is booming as the third quarter of 2023 draws to a close. Investors increasingly turn to top Cannabis Real Estate Investment Trusts (REITs) as a stable avenue for capitalizing on this growth. In general, these REITs focus on owning and managing properties leased to cannabis businesses, making them attractive to long-term investors. With the cannabis industry's expansion and growing acceptance, these REITs offer dependable dividends and a smart choice for those looking to profit from its upward trend.

Top Cannabis REITs: September 2023's Standout Performers

Power REIT

Marijuana stock investors have seen some nice trading over the last several days. During this short week, there has been an increase in momentum. Now the reason for this upward push was becuase of news regarding cannabis reform. Over the last year or so the biggest catalyst has been progressive news on laws surrounding legal cannabis. Mainly federal reform although this area of reform has been the biggest hurdle.

3 Marijuana Stocks to Watch For Cannabis Real Estate Investing

Canopy Growth

Cannabis stocks may be some of the most controversial investing ideas. Yet, they could also become some of the most profitable.That reality may happen if cannabis can be rescheduled and federally legalized.

Investing in Cannabis Stocks? 3 Marijuana Companies That Could Get a Massive Rescheduling Boost

Alico

ARMOUR Residential REIT

AFCG, ARR and ALCO have been added to the Zacks Rank #5 (Strong Sell) List on September 1, 2023.

New Strong Sell Stocks for September 1st

Are you looking for the best marijuana stocks to invest in for the long term? Overall, the cannabis sector has emerged as a significant force in recent years, increasing possibilities and financial opportunities. In general, Cannabis Real Estate Investment Trusts, or Cannabis REITs, are an innovative financial vehicle that has captured the attention of investors and intrigued the interest of Wall Street and Main Street alike.

Cannabis REIT Spotlight: Top Picks for September 2023 Investment

Ashland Global Hlds

Berkshire Hills Bancorp

AFCG, ASH and BHLB have been added to the Zacks Rank #5 (Strong Sell) List on August 24, 2023.

New Strong Sell Stocks for August 24th

Marijuana stocks could be the investment of the future. With all that has taken place over the last several years cannabis is taking over. Despite marijuana not being federally legal. Yet more places around the world have established legal markets. Currently, more than half of the United States have legalized cannabis This has brought much more attention to how to invest in cannabis with marijuana stocks being the way to do so. The way the sector has been performing for the last 6-8 months has been questionable or some.

The 3 Best Marijuana Stocks For You Today

As August 2023 continues, cannabis investors are looking to Cannabis Real Estate Investment Trusts (REITs) as a new path for growth. Notably, dividend-paying marijuana stock companies are still limited, making the rise of cannabis-focused REITs all the more intriguing. These REITs provide a unique opportunity by capitalizing on the cannabis industry's rise while paying out uncommon dividends in this volatile sector.

Top Cannabis REITs to Watch in August 2023: Navigating Dividends and Long-Term Prospects

Cannabis may be one of the most controversial topics on the market. But it could also prove to be among the most profitable.

3 Cannabis Stocks You'll Regret Not Buying Soon

There are a multitude of reasons to find top marijuana stocks to buy. Even though the sector is in a volatile state there is still an opportunity to be found. The cannabis industry as a whole is still developing and as more progress occurs so does the chance to invest. You want to learn as much as you can and create a plan that gives you the best odds of seeing profits.

Top Marijuana Stocks To Trade This Month

AFC Gamma, Inc. (NASDAQ:AFCG ) Q2 2023 Earnings Conference Call August 8, 2023 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer Leonard Tannenbaum - Chief Executive Officer Brandon Hetzel - Chief Financial Officer Conference Call Participants Operator Hello. Good day everyone and thank you for standing by.

AFC Gamma, Inc. (AFCG) Q2 2023 Earnings Call Transcript

Second quarter GAAP net income of $12.1 million or $0.59 per basic weighted average common share and  Distributable Earnings ( 1 ) of $9.9 million or $0.49 per basic weighted average common share

AFC Gamma, Inc. Announces Financial Results for Second Quarter 2023

The cannabis industry and top marijuana stocks have undergone a remarkable transition in recent years, transitioning from a taboo subject to a lucrative and quickly increasing market. As of 2023, the legalization movement is gaining traction in various regions, propelling cannabis-related enterprises to unprecedented heights. In general, Cannabis Real Estate Investment Trusts (REITs) are among this sector's most appealing investment opportunities, providing a unique avenue for investors to gain on the industry's growth.

Cannabis REITs: Top Dividend Performers to Watch in 2023

AFC Gamma Inc. (AFCG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in AFC Gamma Inc. (AFCG): Can Its 7.8% Jump Turn into More Strength?

WEST PALM BEACH, Fla., July 24, 2023 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that it plans to report earnings for the quarter ended June 30, 2023 on Tuesday, August 8, 2023.

AFC Gamma, Inc. Schedules Second Quarter 2023 Earnings Conference Call for August 8, 2023

AFC Gamma had to reduce its most recent dividend by 14.3% from the prior payout. This was on the back of a 98% payout ratio against fiscal 2023 first quarter distributable earnings per share. The ticker currently offers a 14.5% annualized forward dividend yield. A decline in commitments following a more conservative approach to originations has reduced the risk of impairments, but has placed future dividends under some uncertainty.

AFC Gamma: There Could Be Another Dividend Cut From This Cannabis Lender

Are you looking for the best marijuana stocks to invest in over time? The cannabis sector has emerged as a significant force in recent years, releasing a torrent of possibilities and financial opportunities. Cannabis Real Estate Investment Trusts, or Cannabis REITs, is a novel financial vehicle that has captured the attention of investors and piqued the interest of Wall Street and Main Street alike.

July 2023's Top Cannabis REITs: Dividend Powerhouses for Savvy Investors

For those who are interested in marijuana stocks, there are different ways to find value. For starters, you have companies that are what are known as pure-play marijuana stocks. Most of the cannabis companies are ones that deal with play directly. For instance as cultivators and producers of cannabis. Most of these types of marijuana stocks hold the most risk due to rules and regulations. However, when there is a rise in trading they often show to be the ones that have stronger returns. Now this is not always the case. But cultivators and producers controlling the primary stages of the cannabis supply chain, allow them to benefit from increasing demand.

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