Leonard M. Tannenbaum

AFC Gamma, Inc. (NASDAQ: AFCG) released its results for the quarter ended June 30, 2023, revealing net income of $12.1 million an or $0.59 per basic weighted average common share, an increase of 6.9% compared to net income of $11.4 million in Q2 2022, or $0.58 per basic weighted average share of...

AFC Gamma, Inc. (NASDAQ: AFCG) released its results for the quarter ended March 31, 2023, revealing net income of $10.0 million, a decrease of 1.3% compared to $10.2 million in Q1 2022, and distributable earnings of $11.6 million or $0.57 per basic weighted average common share, a decrease of 2.5%...

AFC Gamma, Inc. (NASDAQ: AFCG) Q4 2022 net income was $2.9 million, an unfavorable decrease of 58.6% compared to net income of $7.0 million in Q4 2021. Distributable earnings in Q4 2022 were $12.6 million or $0.62 per basic weighted average common share, compared to distributable earnings of $8.5...

AFC Gamma, Inc. (NASDAQ: AFCG) has provided a senior secured credit facility of up to $82.5 million to Bloom Medicinals Holding Company and certain of its affiliates, a privately held multi-state cannabis operator with licenses in Missouri, New Jersey and Ohio. Bloom intends to use the proceeds...

AFC Gamma, Inc. (NASDAQ: AFCG) has expanded its senior credit facilities with three different borrowers: Verano Holdings Corp. (OTCQX: VRNOF) (CSE: VRNO), Devi Holdings Inc., doing business as Nature’s Medicines and Natrabis LLC , doing business as SocietyC. “At AFC Gamma...

AFC Gamma, Inc. (NASDAQ: AFCG) revealed Thursday the nomination and appointment of Marnie Sudnow to its board of directors.  Sudnow brings over 20 years of experience in executing digital advertising and e-commerce strategies for global retailers. In connection with the appointment of Sudnow,...

Vertically integrated cannabis company Acreage Holdings, Inc. (OTCQX: ACRDF) announced Thursday that it has secured a $150 million credit facility with cannabis real estate investment trust AFC Gamma, Inc. (NASDAQ: AFCG) and Viridescent Realty Trust, Inc.   Pursuant to the terms of the...

Cannabis-focused commercial real estate finance company AFC Gamma, Inc. (NASDAQ: AFCG) has bolstered its senior credit facility with Justice Cannabis Co. to $75.4 million. Based in West Palm Beach, Florida, the company expanded its senior credit facility by $53.4 million on Monday. AFC Gamma now...

Cannabis-focused mortgage real estate finance enterprise AFC Gamma, Inc. (NASDAQ: AFCG) said Monday it has bolstered $62.5 million in funding for Devi Holdings Inc., which is doing business as Nature’s Medicines. Based in West Palm Beach, Florida, the company has expanded its senior...

AFC Gamma, Inc. (NASDAQ: AFCG) announced Tuesday that it has provided a credit facility of $23 million to BeLeaf Medical, LLC, a single-state Missouri operator. The credit facility is designed to provide BeLeaf with the capital necessary to expand its three Missouri cultivation facilities in...