Advanced Flower Capital Inc., incorporated in Maryland on July 6, 2020, is a commercial real estate finance company that originates, constructs, underwrites and manages senior secured loans and other types of loans for established companies engaged in the cannabis industry in states where medicinal and adult use of cannabis has been legalized. As of December 26, 2020, they issued and funded loans to companies engaged in the cannabis industry with an aggregate principal amount of approximately $135.0 million, with approximately $92.5 million of outstanding loans, and committed approximately $19.8 million of additional loans and committed existing loans from them, with approximately $485.2 million of potential loans under review.
