Advanced Flower Capital Inc. (NASDAQ:AFCG) is among the 7 Best Cannabis Stocks to Invest In Now.
Advanced Flower Capital Inc. (NASDAQ:AFCG) is among the Best Marijuana Stocks.
TheFly on Jan 05, 2026, stated that, as of January 1, 2026, Advanced Flower Capital Inc. (NASDAQ:AFCG) has successfully converted from a real estate investment trust to a business development company according to the Investment Company Act of 1940. The conversion increases long-term shareholder value by broadening the company’s investment options beyond real estate-backed loans to encompass a wider spectrum of operational enterprises.
In the most recent quarter, Advanced Flower Capital Inc. (NASDAQ:AFCG) recorded a GAAP net loss of $12.5 million, or $0.57 per basic weighted average common share. The amount of $3.5 million in distributable earnings, or $0.16 per basic weighted average common share, was reported. The company stated that it is resolving nonaccrual issues and increasing loan repayments, despite seeing limited new funding enter the cannabis market. Proposals about its plan to change from a REIT to a BDC were accepted by shareholders. It is anticipated that the conversion will be finished in the first quarter of 2026, pending regulatory procedures and customary conditions.
Advanced Flower Capital Inc. (NASDAQ:AFCG) offers commercial real estate financing services. Its main operations include developing, arranging, underwriting, and overseeing senior secured loans as well as other loan types for well-established businesses involved in the cannabis industry in several states.
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