Better Than The Bank: Weed Real Estate Investment Company’s 14% Yield Beats Traditional Savings
Advanced Flower Capital (NASDAQ:AFCG), a cannabis real estate investment trust (REIT) has been making waves in the industry with a current dividend yield of 14% and making shareholders very happy. In a recent report, senior analyst Pablo Zuanic highlighted the company’s potential for continued growth and value.
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The Upside Potential For AFCG Investors
The company’s strong performance in 2024, which included over $41 million in new commitments and successful exits, is expected to drive further growth in distributable earnings. Additionally, AFCG’s diversification into license-restricted states has reduced portfolio risk.
While the pace of growth may slow down in 2025, the company’s substantial liquidity of $75 million positions it well to capitalize on future opportunities.
“With over 15% growth so far in 4Q24, including $41 million in new commitments, $20 million in unfunded commitments as of September 30th, successful exits year-to-date, and positive developments in two work-outs, …