-
Making Money In Weed: Three Cannabis Operators Get Millions To Expand In Florida, Missouri & Georgia
Monday, August 19, 2024 - 9:51am | 611AFC Gamma, Inc. (NASDAQ:AFCG) announced on Monday that it has closed a new senior secured credit facility for Private Company Q and expanded its existing senior secured credit facilities for BeLeaf Medical, LLC and Sunburn Cannabis. What Happened & Why It Matters AFC said it has committed $11...
-
AFC Gamma Q1 2024 Reports Sharp YoY Net Income Drop Amid $90M Loan Expansion
Thursday, May 9, 2024 - 12:10pm | 586AFC Gamma Inc. (NASDAQ:AFCG), a cannabis-focused commercial real estate finance company, announced its results Thursday for the first quarter ended March 31, 2024. Comparing year-over-year, AFC Gamma’s net income dropped from $10.0 million in Q1 2023 to a loss of $0.1 million in Q1 2024....
-
Surfing World Champion Says Weed 'Doesn't Define Work Ethic,' Wants Other Surfers To Try It
Sunday, February 4, 2024 - 12:09pm | 2173"As a professional surfer, partnering with Sunburn Cannabis signifies a transformative chapter in both surfing and cannabis cultures," says Justin Quintal, with the enthusiasm of someone who's not just riding waves but also making them. Pro-surfer Justin Quintal, a name synonymous...
-
How Will HHS Recommendation To The DEA Impact Cannabis Brands? Find Out At This Leading Cannabis Finance Conference
Wednesday, August 30, 2023 - 9:48pm | 848Legislation Milestone: The Cannabis Rescheduling Debate Might Impact Brands The shifting perception of cannabis in the United States is witnessing a significant turning point. Once stigmatized as a Schedule I drug, might be on the verge of being reclassified to a potentially more accepted Schedule...
-
Here's Where To Buy Legal Weed: 4 New Stores Launch Cannabis Sales In Week Of 4/20
Friday, April 21, 2023 - 9:07am | 534As another 4/20 passes, peruse this list of stores that celebrated cannabis this week with new storefronts. Manhattan Welcomes Another Licensed Dispensary Kicking off with New York City, which saw another recreational cannabis store opening its doors for customers this week with the support of the...
-
Biden Administration Dodges Marijuana Decriminalization Question: Will Joe Legalize It?
Thursday, April 21, 2022 - 3:21pm | 1712The unofficial marijuana holiday 4/20 on Wednesday once again stirred up discussion among top lawmakers and officials in the U.S. about the drug's legal status. While the support for the legalization of marijuana on the federal level comes mainly from the Democrats, President Joe Biden has not...
-
EXCLUSIVE: Why This Cannabis Finance Exec Fears The SAFE Banking Act May Not Survive In Present Form
Wednesday, April 20, 2022 - 12:47pm | 727Leonard Tannenbaum, founder, chairman and CEO of AFC Gamma Inc (NASDAQ: AFCG), does not hold much hope the SAFE Banking Act will pass into law this year. In an interview with Brady Cobb, founder of Sunburn Cannabis, at the Benzinga Cannabis Capital Conference on Wednesday, Tannenbaum...