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AFC Gamma, Inc (AFCG)

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Last Post: 7/12/2021 12:45:12 PM - Followers: 0 - Board type: Free - Posts Today: 0

Advanced Flower Capital Gamma --  AFCG  (Nasdaq)


5.5 Billion Dollar Pipeline serving senior secured notes.  AFCG intends to operate as a full-fledged REIT and has reviewd hundreds of applications and commited to about a dozen loans.

Insiders hold most of the shares.

Currently there is a large offering taking place at $20.50.  As anyone should know, when the entity wants capital from us the price will reflect this.

The future is unknown and they do have a "Safe Banking Act" so, as always, expect to lose any investment you make!   
the REIT is a new and exciting thing that forces the owners of the security to make their profits from the stock.
Personally I am "all-in" and expect this one will be much better than IIPR.

Obviously I wonder if I will be buying $10 shares someday; then again in this case I believe I will be still buying.
I'm not really above the poverty-line here in the USA then again I have quite a bit into AFCG and plan on adding at least 50 more shares over the next months....


http://www.globenewswire.com/news-release/2021/05/05/2223449/0/en/AFC-Gamma-Serves-as-Lead-Investor-in-Cansortium-s-71-Million-Senior-Secured-Credit-Facility-to-Fund-Operations-in-Three-States.html



http://openinsider.com/AFCG


http://www.fool.com/investing/2021/03/19/cannabis-real-estate-lender-afc-gamma-rises-21-on/

 
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AFCG News: AFC Gamma Provides Evermore with $15.5 Million Senior Secured Credit Facility to Support its Maryland Expansion and Streamlin... 07/15/2021 08:30:00 AM
AFCG News: AFC Gamma, Inc. Schedules Earnings Release for the Quarter Ended June 30, 2021 07/14/2021 08:30:00 AM
AFCG News: AFC Gamma Provides Business Update 07/13/2021 08:30:00 AM
AFCG News: Current Report Filing (8-k) 07/06/2021 04:06:51 PM
AFCG News: Statement of Changes in Beneficial Ownership (4) 06/28/2021 06:00:51 PM
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