Advanced Flower Capital Receives $20M Infusion

*WEST PALM BEACH, Fla. —* Advanced Flower Capital Inc. expanded its senior
secured revolving credit facility to $50 million with an additional $20
million commitment from the facility’s lead arranger, an FDIC-insured bank
with more than $75 billion in assets. AFC intends to use availability under
the Credit Facility to fund commitments to existing borrowers, originate
and participate in commercial loans to cannabis operators in line with its
investment strategy, and support working capital and other general
corporate purposes. The facility remains expandable to $100 million,
subject to lender participation and available borrowing base.

“This expanded commitment from a long-standing banking partner underscores
the strength of our platform and strategy. This facility remains a core
component of our financing approach, and we look forward to further
strengthening this partnership as we scale our lending capabilities,” said
Brandon Hetzel, AFC’s Chief Financial Officer.
About Advanced Flower Capital Inc.

Advanced Flower Capital Inc. (Nasdaq: AFCG) is a commercial mortgage real
estate investment trust that provides institutional loans to
state-law-compliant cannabis operators in the U.S. Through the management
team’s network and credit and cannabis expertise, AFC originates,
structures and underwrites loans ranging from $10 million to over $100
million, typically secured by quality real estate assets, license value,
and cash flows. It is based in West Palm Beach, Florida.