Making Money In Weed: Three Cannabis Operators Get Millions To Expand In Florida, Missouri & Georgia
Making Money In Weed: Three Cannabis Operators Get Millions To Expand In Florida, Missouri & Georgia
In addition, AFC said it has committed anAFC 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.
AFC Gamma, Inc.（納斯達克：AFCG）宣佈已於星期一關閉了一項新的爲Private Company Q提供的高級抵押債務額，並擴大了其對BeLeaf Medical，LLC和Sunburn Cannabis的現有高級抵押債務額。
What Happened & Why It Matters
發生了什麼以及它爲什麼重要
AFC said it has committed $11 million, with $4.3 million funded at closing, in a senior secured credit facility to Georgia-based Private Company Q which holds a Class 2 cannabis license. The funds would support the buildout of a cultivation and processing facility and the creation of two new dispensary locations in the Peach State.
AFC表示，它已經在爲佐治亞州的Private Company Q提供的高級抵押債務額中承諾了1100萬美元，其中430萬美元已在結算時提供支持。這筆資金將用於支持種植和加工設施的建設，並在桃之州建立兩個新的藥房。
The Florida-based company also committed an additional $5.5 million under the expansion of BeLeaf Medical, LLC's facility and holds the entire $26.1 million expanded credit facility. AFC Gamma first provided a credit facility of $23 million to BeLeaf in 2021. BeLeaf plans to partially finance the acquisition of two dispensaries in Missouri.
這家位於佛羅里達的公司還承諾在擴大BeLeaf Medical，LLC機構的貸款額時額外提供550萬美元，並持有整個2610萬美元的貸款額。 AFC Gamma首次在2021年爲BeLeaf提供了2300萬美元的貸款額。BeLeaf計劃部分融資用於收購密蘇里州的兩家藥房。
In addition, AFC said it has committed an additional $1.8 million under the expansion of Sunburn's credit facility and holds the entire $36.5 million expanded credit facility. The funds will partially finance the borrower's buildout of two new dispensaries and additional low-cost cultivation capacity in Florida. Daniel Neville, AFC Gamma CEO, recently said the company has "completed a $34.0 million debt investment in Sunburn Cannabis," during the first quarter of 2024.
此外，AFC表示，它還在擴大Sunburn的貸款額時額外承諾180萬美元，並持有擴大後的3650萬美元貸款額。這筆資金將部分融資借款人在佛羅里達州建立兩個新的藥房和額外的低成本種植能力。AFC Gamma CEO Daniel Neville最近表示，公司在2024年第一季度對Sunburn Cannabis進行了3400萬美元的債務投資。
Read Also: High-Yield Dividends In The Cannabis REIT Market: Why Debt-Free NewLake Capital Stands Out
閱讀更多：大麻房地產信託市場的高收益分紅：爲什麼沒有負債的NewLake Capital脫穎而出
AFC said it will hold the entire credit facility for BeLeaf, Sunburn and Private Company Q, each of which consists of a first-lien term loan secured by all assets of the respective borrower. AFC Agent LLC served as an agent for these transactions.
AFC表示，它將持有BeLeaf、Sunburn和Private Company Q的整個信貸額，每個機構的信貸額由借款人的所有資產作爲第一優先抵押貸款進行擔保。 AFC Agent LLC擔任這些交易的代理人。
Sunburn Cannabis' New Investment From Poseidon
Sunburn大麻股獲得Poseidon的新投資
Separately, Sunburn announced on Monday that its most recent capital investment from Poseidon, a leading venture capital fund focused on the cannabis industry and an early investor in Sunburn that made its initial investment in 2022.
此外，Sunburn週一宣佈最新的資本投資來自Poseidon，這是一家專注於大麻行業的領先創投基金，也是Sunburn的早期投資者，最初在2022年進行了首次投資。
In addition, Emily Paxhia, cannabis expert and Poseidon co-founder will join Sunburn's board of managers. The company owns and operates fourteen retail locations in Florida.
此外，大麻專家兼Poseidon聯合創始人Emily Paxhia將加入Sunburn的董事會。該公司在佛羅里達擁有並經營着十四家零售店。
"Since our initial investment, Sunburn has become one of the leading players in the Florida cannabis market, continually ranked at or near the top of the state's sales rankings per store for most mg of THC sold as compiled by the Office of Medical Marijuana Use." Paxhia said. "Cannabis isn't easy, and Florida is no exception, especially as established operators compete on pricing strategies. Sunburn has leveraged its authentic story, experienced team, fantastic retail locations, and commitment to high-quality products to catapult themselves into the Florida market and we are excited to further support their growth."
「自我們的首次投資以來，Sunburn已成爲佛羅里達大麻市場的領軍者之一，始終以每家店銷售的THC數量而言排在或接近該州銷售排名榜的頂部，該榜單由醫療大麻使用辦公室編制。」Paxhia說。「大麻並不容易，而佛羅里達也不例外，尤其是在已有運營商在定價策略上競爭。Sunburn藉助其真實故事、經驗豐富的團隊、出色的零售店和對高品質產品的承諾，將自己推向佛羅里達市場，我們很高興能進一步支持他們的增長。」
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AFCG Price Action
AFCG價格走勢
AFC Gamma's shares traded 0.51% higher at $9.93 per share during the pre-market session on Monday morning.
在週一早上盤前交易中，AFC Gamma股價上漲0.51%，報9.93美元/股。