
Advanced Flower Capital Inc., founded in 2017 and headquartered in California, focuses on providing innovative financing solutions for the cannabis industry. The company offers a range of financial products including loans, equity investments, and advisory services tailored specifically to cannabis businesses.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
AFCG 5.75% 2027-05-01 USDAdvanced Flower Capital Inc. | United States | 2027-05-01 | 5.750 | 11.81 |
AFCG 5.75% 2027-05-01 USDAdvanced Flower Capital Inc. | United States | 2027-05-01 | 5.750 | 11.81 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Advanced Flower Capital has been active in the bond market, with its first bond issuance occurring in 2019. Notable issuances include a $50 million green bond aimed at funding sustainable cannabis cultivation initiatives, which garnered significant attention for its eco-friendly commitments. Currently, their bonds yield approximately 6.5%, positioning them competitively within the industry, especially considering the average yield for similar cannabis-focused securities is around 5.7%. The company's bonds feature unique provisions allowing for early redemption based on specific revenue benchmarks, enhancing their appeal to investors seeking flexibility.