- AFCG makes intermediate-term, highly collateralized loans to companies operating in the burgeoning cannabis industry.
- CEO Leonard Tannenbaum was the founder and CEO of Fifth Street Asset Management for two decades before selling the company to Oaktree Capital Management.
- The mREIT went public in March 2021 and has since been busily putting the proceeds to work in new loans.
- AFCG currently offers a dividend yield of 7.4%.
- An insider recently bought shares on the open market for $20.71.
For further details see:
AFC Gamma: Intro To A Specialized Lender In A Booming Space