Welcome to our dedicated page for Advanced Flower Capital news (Ticker: AFCG), a resource for investors and traders seeking the latest updates and insights on Advanced Flower Capital stock.
Advanced Flower Capital Inc. (Nasdaq: AFCG) generates news primarily through its activities as a specialty lender to cannabis-related and middle-market businesses and through its transition from a commercial mortgage REIT to a business development company (BDC). Based in West Palm Beach, Florida and externally managed by AFC Management, LLC, the company focuses on senior secured loans and other forms of debt to U.S. cannabis operators in compliant states, ancillary cannabis businesses, and select companies outside the cannabis industry.
News updates for AFCG often center on quarterly and annual financial results, including GAAP net income or loss and the company’s non-GAAP performance measure, Distributable Earnings. Releases commonly discuss portfolio performance, non-accrual positions, loan repayments and the Board’s decisions on quarterly cash dividends, which are informed in part by Distributable Earnings and other factors.
Another recurring theme in Advanced Flower Capital’s news is its strategic and regulatory evolution. The company has announced the expansion of its investment mandate beyond real estate-backed loans, the intention and subsequent approval to convert from a REIT to a BDC, and shareholder votes on key proposals such as a new investment advisory agreement and reduced asset coverage requirements under the Investment Company Act of 1940. These developments are accompanied by commentary from company leadership on investment opportunities and risk-adjusted return objectives.
Operational and financing updates also appear in AFCG’s news flow, including changes to its senior secured revolving credit facility and its use to fund commitments to borrowers, originate or participate in commercial loans to cannabis operators, and support working capital. Investors following AFCG’s news can review earnings releases, dividend declarations, credit facility announcements and regulatory milestones to understand how the company is managing its loan portfolio and capital structure under the REIT and, more recently, BDC frameworks.
AFC (NASDAQ: AFCG) will report financial results for the quarter ended March 31, 2026 on Thursday, May 7, 2026 before market open. Management will host a conference call and webcast at 10:00 am ET, with a replay available one hour after the event.
Webcast access, live registration, and email distribution options are available via AFC’s Investor Relations website.
AFC (NASDAQ:AFCG) on March 30, 2026 expanded its senior secured revolving credit facility to $80 million following a $30 million additional commitment from the facility’s lead arranger, an FDIC-insured bank with over $75 billion in assets.
The facility remains expandable to $100 million subject to lender participation and available borrowing base; AFC intends to use availability to fund existing borrower commitments, originate and participate in lower middle-market commercial loans, and support working capital and general corporate purposes.
Advanced Flower Capital (Nasdaq: AFCG) reported Q4 2025 GAAP net income $0.9M ($0.04/share) and Q4 Distributable Earnings $(2.8)M ($0.12/share). For full-year 2025, AFC recorded a GAAP net loss $(20.7)M ($0.95/share) and Distributable Earnings $8.7M ($0.39/share).
The company completed its BDC conversion, declared a $0.05 per share common dividend payable April 15, 2026 (record date March 31, 2026), filed its 2025 Form 10-K and posted an earnings presentation for investors.
AFC (Nasdaq: AFCG) will release fourth-quarter and full-year 2025 financial results on Wednesday, March 4, 2026 before market open. Management will review results in a webcast and conference call at 10:00 am ET.
A replay will be available one hour after the event. Investor updates and the webcast are accessible via AFC’s Investor Relations website; email signups are offered for firm updates. Contact: Robyn Tannenbaum, 561-510-2293, ir@advancedflowercapital.com.
AFC (Nasdaq: AFCG) committed $29 million to a $60 million senior secured term loan to support a sponsor acquisition of a healthcare benefits platform. AFC funded $19.6 million at close, holds ~49% of the facility, which is secured by a lien and has a four-year term. The transaction follows AFC's conversion to a BDC and signals an expanded institutional lending mandate.
AFC (Nasdaq: AFCG) announced that its subsidiary closed a $60 million senior secured credit facility to STAT Buyer, LLC, controlled by Cambridge Capital, to support the combination of STAT Recovery Services and The Moresby Group. The facility is a first-lien term loan with a five-year term and will finance the acquisition, refinance existing debt, and provide working capital for the combined entity.
Advanced Flower Capital (Nasdaq: AFCG) completed its conversion from a REIT to a business development company under the 1940 Act, effective Jan 1, 2026. The change expands AFC’s investment flexibility beyond real estate-backed loans to a broader universe of operating businesses while maintaining its Nasdaq listing and ticker AFCG. AFC said it has a pipeline of investment opportunities under evaluation and will provide additional details in a Form 8-K. The company focuses on senior secured loans to U.S. middle-market companies in the cannabis industry and ancillary businesses, typically targeting loans of $10M to $100M+. The company is externally managed by AFC Management, LLC.
Advanced Flower Capital (Nasdaq: AFCG) reported Q3 2025 GAAP net loss of $(12.5) million or $(0.57) per share and Distributable Earnings of $3.54 million or $0.16 per share for the quarter ended September 30, 2025.
Shareholders approved AFC’s conversion from a REIT to a BDC, which the company expects to complete in Q1 2026 subject to customary conditions and regulatory requirements. The company paid a $0.15 per share common dividend on October 15, 2025 to holders of record as of September 30, 2025.
AFC cited ongoing work to resolve nonaccrual positions, elevated credit provisions and unrealized losses while pursuing broader lending opportunities beyond cannabis real estate.
Advanced Flower Capital (Nasdaq: AFCG) announced shareholders approved proposals to convert the company from a REIT to a business development company (BDC) under the Investment Company Act of 1940. The approvals cover a new 1940 Act-compliant investment advisory agreement with AFC Management and application of reduced asset coverage requirements to align leverage with other BDCs. The vote occurred at a Special Meeting of Shareholders. The Conversion remains subject to certain board approvals and is expected to complete in Q1 2026. Upon completion the company will continue trading on Nasdaq under the ticker AFCG. AFC specializes in senior secured loans, including to cannabis operators, and is based in West Palm Beach, Florida.
Advanced Flower Capital (Nasdaq: AFCG) will release financial results for the third quarter ended September 30, 2025 on Wednesday, November 12, 2025 before market open.
Management will review results at 10:00 AM ET via a live webcast on AFC’s Investor Relations site and a conference call available by prior registration. A replay will be posted one hour after the event. Earnings releases are distributed via AFC’s website and email list; investors can sign up for email updates on the company’s Investor Relations page.