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
AFC 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.（納斯達克股票代碼：AFCG）週一宣佈，它已關閉了私人公司Q的新優先擔保信貸額度，並擴大了對BeLeaf Medical, LLC和Sunburn Cannabis的現有優先擔保信貸額度。
What Happened & Why It Matters
發生了什麼及其重要性
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.
亞足聯表示，它已承諾向總部位於佐治亞州的持有2類大麻許可證的私人公司Q提供1,100萬美元的高級擔保信貸額度，收盤時資金爲430萬美元。這些資金將支持在桃州建造種植和加工設施以及建立兩個新的藥房。
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.
這家總部位於佛羅里達州的公司還承諾在擴建BeLeaf Medical, LLC的設施時再提供550萬美元，並持有全部2610萬美元的擴張信貸額度。AFC Gamma於2021年首次向BeLeaf提供了2300萬美元的信貸額度。BeLeaf計劃爲收購密蘇里州的兩家藥房提供部分資金。
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，亞足聯表示，它已承諾在擴大Sunburn的信貸額度下再提供180萬美元，並持有全部3650萬美元的擴充信貸額度。這些資金將爲借款人在佛羅里達州建造兩家新藥房和額外的低成本種植能力提供部分資金。亞足聯伽瑪首席執行官丹尼爾·內維爾最近表示，該公司已在2024年第一季度 「完成了對Sunburn Cannabis的3,400萬美元債務投資」。
Read Also: High-Yield Dividends In The Cannabis REIT Market: Why Debt-Free NewLake Capital Stands Out
另請閱讀：大麻房地產投資信託基金市場的高收益分紅：爲什麼無債務的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.
亞足聯表示，它將持有BeLeaf、Sunburn和Private Company Q的全部信貸額度，每筆信貸額度均包括由相應借款人所有資產擔保的第一留置權定期貸款。AFC代理有限責任公司是這些交易的代理人。
Sunburn Cannabis' New Investment From Poseidon
Sunburn Cannabis從波塞冬獲得的新投資
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.
另外，Sunburn週一宣佈，其最新資本投資來自波塞冬。波塞冬是一家專注於大麻行業的領先風險投資基金，也是Sunburn的早期投資者，於2022年進行了初始投資。
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，大麻專家兼波塞冬聯合創始人艾米麗·帕希亞將加入Sunburn的董事會。該公司在佛羅里達州擁有並經營十四個零售點。
"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."
「自從我們最初的投資以來，Sunburn已成爲佛羅里達州大麻市場的主要參與者之一，根據醫用大麻使用辦公室的彙編，該州每家商店銷售的大部分四氫大麻酚的銷售排名一直處於或接近該州的榜首。」帕希亞說。「大麻並不容易，佛羅里達州也不例外，尤其是在成熟的運營商在定價策略上競爭的時候。Sunburn利用其真實的故事、經驗豐富的團隊、出色的零售地點以及對高質量產品的承諾，將自己推向了佛羅里達市場，我們很高興能進一步支持他們的發展。」
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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.
週一上午盤前交易中，AFC Gamma的股價上漲0.51％，至每股9.93美元。
譯文內容由第三人軟體翻譯。