Advanced Flower Capital Inc.
Close on Oct 19, 2026
- Market cap
- $70.29M
- P/E (TTM)
- 15.9
- Dividend yield
- 17.49%
About Advanced Flower Capital
Advanced Flower Capital Inc. is an institutional lender and business development company that originates, structures, underwrites, and manages senior secured loans, mortgage loans, and debt securities. The firm provides debt capital typically secured by real estate, equipment, cash flows, and license value. Its principal clients include state-compliant cannabis operators, businesses ancillary to the cannabis industry, and public and private middle-market companies across other sectors that often lack access to traditional commercial bank financing.
The company operates across the United States within states that have legalized medical or adult-use cannabis, while also evaluating lending opportunities across broader commercial sectors. Advanced Flower Capital Inc. is organized as a Maryland corporation, with its investment portfolio and day-to-day operations externally managed by AFC Management, LLC. While the provided text notes borrower securities listed in Canada and the United States, it does not specify an executive headquarters location.
Summary of the business section of Advanced Flower Capital's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Advanced Flower Capital Inc.
- Founded
- 2020
- Headquarters
- West Palm Beach, FL
- Address
- 477 S. Rosemary Ave., Suite 301 33401
- Phone
- (561) 510-2390
- Website
- advancedflowercapital.com
- Employees
- 11, Dec 31, 2025
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- CohnReznick LLP, Baltimore, Maryland
Stock & identifiers
- Ticker
- AFCG
- Exchange
- Nasdaq
- IPO date
- Mar 19, 2021
- Shares outstanding
- 23M, Aug 7, 2026
- Public float
- $80.94M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- SEC CIK
- 1822523
- CUSIP
- 00109K105
- ISIN
- US00109K1051
- LEI
- 5493005G0MGS3E0E7218
- EIN
- 85-1807125
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Robyn Tannenbaum | President and CIO | 6,969,911 |
| Brandon Hetzel | CFO and Treasurer | 42,000 |
| Peter Sattelmair | PFO | – |
| Daniel Neville | Chief Executive Officer | 317,889 |
| Leonard M. Tannenbaum | Director | 7,516,921 |
| Thomas L. Harrison | Director | 24,539 |
| Robert L. Levy | Director | 9,511 |
| Alexander C. Frank | Director | 16,196 |
| Marnie Migatz Sudnow | Director | 9,511 |
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 5, 2024 | Name change | Name changed from AFC Gamma, Inc. to Advanced Flower Capital Inc. |
| Jul 9, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 3, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 22, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 26, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 4, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 13, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 19, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Feb 3, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |