Earnings Season Looms Large: Here’s When Leading Marijuana Lender And This Cannabis Company Will Report Results
AFC Gamma
AFC Gamma, Inc. (NASDAQ:AFCG) will report earnings for the quarter ended Sept. 30, 2024 on Wednesday, Nov. 13, 2024.
The West Palm Beach, Florida-based company will host a conference call to discuss its quarterly financial results at 10:00 am ET the same day.
AFC Gamma is one of the leading lenders in the cannabis sector and one of two major externally managed REITs focusing on the industry. In a recent note, senior analyst Pablo Zuanic of Zuanic & Associates explained how AFCG secures favorable lending terms due to limited capital access for cannabis operators, driven by federal illegality, as highlighted by Benzinga’s Nicolás Jose Rodriguez.
That said, AFC Gamma’s loan book has shown growth, with four new deals totaling over $70 million secured between …