AFC Gamma Forges New Senior Secured Credit Facility for Private Company Q
Strategic Financial Move by AFC Gamma
AFC Gamma has recently initiated a significant new credit facility targeted at Private Company Q. This $68.6 million facility not only strengthens the company's financial base but also solidifies AFC Gamma's role in the growing cannabis sector.
Expansion of Existing Facilities
In addition to the facility for Private Company Q, AFC Gamma has also expanded its existing credit arrangements for BeLeaf Medical and Sunburn Cannabis, further showcasing its commitment to supporting key players in the industry.
- New Credit Facility: $68.6 million
- Support for Private Company Q
- Expanded facilities for BeLeaf Medical
- Expanded facilities for Sunburn Cannabis
Financial Implications
This strategic move is indicative of AFC Gamma's robust financial strategies and its proactive approach in fostering growth within the cannabis market. Investors and stakeholders should closely monitor these developments as they unfold.
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