AFC Gamma Inc

NASDAQ: AFCG
$11.53
-$0.70 (-5.7%)
Closing price May 29, 2024

AFCG Chart and Intraday Price

AFCG Company Data

Asset Type Stock
Exchange NASDAQ
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry REAL ESTATE
Address 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH, FL, US
Fiscal Year End December
Latest Quarter 9/30/2023
Market Cap 235.67M USD
Shares Outstanding 20,457,700
AFC Gamma Inc specializes in financing the cannabis industry, focusing on companies that are well-established in states where cannabis is legally recognized for medical or adult use. They provide senior secured loans, often backed by critical assets like real estate, equipment, and licenses. By doing so, AFC Gamma plays a pivotal role in supporting the growth of the cannabis sector. The company, which started in 2020 and is based in West Palm Beach, Florida, operates as a real estate investment trust, optimizing its tax status under U.S. law.

AFCG Articles

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