Standard Wellness Secures $14 Million Credit Facility from Advanced Flower Capital Retiring Existing Debt and Accelerating Strategic Growth Initiatives

CLEVELAND, April 3, 2025 /PRNewswire/ -- Standard Wellness Holdings, LLC ("Standard Wellness"), a leading vertically integrated cannabis company, today announced the successful closing of a $14 million senior secured credit facility with Advanced Flower Capital Inc. (NASDAQ: AFCG) ("AFC"). This strategic financing will be utilized to refinance existing debt, including the full repayment of the company's debt facility with Focus Growth Capital Partners and early repayment of the seller note with Columbia Care (incurred in conjunction with the acquisition of the Cannabist dispensary in Springville, Utah), and to fully fund the acquisition of a dispensary license in Saint Louis, Missouri.  The Missouri acquisition is subject to regulatory approval.

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