AFC Gamma Empowers Story Cannabis with $41 Million Loan for Maryland Expansion
Monday, 7 October 2024, 09:19
AFC Gamma Secures $41 Million Loan for Story Cannabis
AFC Gamma (Nasdaq: AFCG) is thrilled to announce a substantial financial agreement with Story Cannabis, who has successfully secured a $41 million loan. This funding will primarily support Story's Maryland operations.
Implications for the Story of Maryland
The loan marks a vital step in Story Cannabis's expansion strategy, specifically through its Story of Maryland division. The financing will empower the company to enhance its operations and increase market share.
- Key Highlights:
- A significant boost for Story Cannabis.
- Strategic funding for operational growth.
- Enhancing community and market presence in Maryland.
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