Advanced Flower Capital Provides $14 Million Secured Credit Facility to Subsidiaries of Standard Wellness Holdings

WEST PALM BEACH, Fla., April 02, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq:AFCG) (“AFC”) today announced that it has committed to a $14 million senior secured credit facility to various subsidiaries of Standard Wellness Holdings (“Standard Wellness”), a privately held multi-state operator of cannabis cultivation, processing, and retail facilities. $10.5 million of the senior secured credit facility was funded at close. Standard Wellness intends to use the proceeds from the loan to acquire a dispensary in Missouri, relocate a dispensary in Utah, and refinance and consolidate various debt facilities.

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