AFC Gamma Provides Justice Cannabis Co. With $75.4M Via Extended Credit Facility, Announces Funding Updates

-focused commercial real estate finance company AFC Gamma, Inc. (NASDAQ: AFCG) has bolstered its senior credit facility with Justice Co. to $75.4 million.

Based in West Palm Beach, Florida, the company expanded its senior credit facility by $53.4 million on Monday.

AFC Gamma now holds a total of $65.4 million of the expanded credit facility, with $10 million syndicated to an affiliate.

The credit facility expansion is designed to provide the Chicago-based multi-state operator with licenses in eight states with additional capital to purchase assets, develop its operations in New Jersey, further build its cultivation facility and refinance existing debt.

“We are committed to the long-term success of our …

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