AFC Gamma is raising $100 million to finance cannabis company loans

Posted by - November 1, 2021

Cannabis companies can find attractive offers to grow their operations AFC Gamma, Inc. announced late last week that it has completed the process to price an offering of $100 million in aggregate principal amount of 5,750% senior notes due 2027. According to the company’s announcement, it intends to use the net proceeds from the offering

Cannabis companies start to see better, less expensive financing options

Posted by - May 9, 2019

The annualized cost of capital for cannabis operations is falling drastically Because the federal government has yet to make substantial progress on cannabis regulations, it is still virtually impossible for companies operating in the space to find financing. When they do, rates are outrageous, reaching the levels typically reserved for loan sharks and questionable payday